Ocwen idea of helping home owners is to refuse to allow owners to short sale their home so they force a foreclose on their home. Ocwen on Dec. 1 notified my MLS agent they had reversed their decision 6 weeks after cash offer and three other market rate offers plus to allow me to short sale my home. They sent me a letter stating they move slower than other current reputable lending institutions on cash short sales paperwork and they would not attempt to start the process because it would take them longer than 45 days (cash offer received Oct. 25th & my foreclosure notice is Dec. 14th). I will not accept Ocwens decision to foreclose on my home because of Litton Loan Service or Ocwen's refusal/inaction to do the paperwork in current real estate standard industry time frame.
Our newspaper and Television stations have also broadcast in Nevada "there will be no foreclosures in December" (even if home owners received a notice). Ocwen has not responded to my email to rescind their decision and allow me to short sale my home. Ocwen has no right to foreclose on my home after I got approval from Ocwen (Mary) personnel one week prior to listing my home after receiving notice Litton Loan Service was passing my loan off to Ocwen the following Monday. Litton's attorneys also suggested and approved me to short-sale my home. I refuse to be penalized or held accountable for another person or entity's inaction and incompetence! Sincerely, Dee Sundermann
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