My home was sold to Ocwen by HUD in 1996. They sent me forclosure notices before I even knew it had been sold. They then charged me a fee of $400.00 for buying my loan, late fees, a fee for taking photo's of my home, fees for drive by inspections, and forced insurance when I had insurance with another company. They told me that I would have to make a ballon payment to enter into a forberence agreement for all these fees and raised my payment $200 per month. Every year they made me re-enter into a forberance agreement with a balloon payment, so they got any tax refund I ever got every year and all of my retirement account just to keep my home. After 8 years of this fight I got laid-off from my job and they refused to let me make the original amount of my payment. They refused 3 of my payments and told me if I didn't pay $6500.00 they were taking my home. I fought with them all of the 8 years that they bought my mortgage and had no choice but to let them steal my home. This company has been in the business of stealing homes for a long time and have been getting by with it.
Then, today I receive a letter from them asking me to accept a $350.00 settlement and forfeit my rights to participate in a nation wide class action law suit. I lived in my home for 12 years all together and they want to pay me $350.00 for stealing it?
Where do I sign up for this class action law suit?
I have read so many complaints on this company on this site and several others. Almost all of the stories are just like mine. How is this company still in business?
Honestly I would feel more justified of all involved with this scam were hand-cuffed and locked up in jail forever!!!
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