Usacomplaints.com » Politics & Government » Complaint / Review: Ocwen Financial Services, Ocwen Bank, Ocwen Loan Servicing LLC - Ocwen Loan Servicing LLC - Ocwen Federal Savings Loan Modification Plan Demands Waiving All Rights of Recourse. #307707

Complaint / Review
Ocwen Financial Services, Ocwen Bank, Ocwen Loan Servicing LLC
Ocwen Loan Servicing LLC - Ocwen Federal Savings Loan Modification Plan Demands Waiving All Rights of Recourse

Ocwen Loan Sevicing submitted an agreement to me that stipulated that I had to sign away all of my rights of recourse in order to obtain a"Loan Modification."

The legalese included that the agreement would affect "your rights" and that signing the papers I acknowledged that I had the opportunity to obtain, "independent legal counsel concerning this Agreement."

This agreement for the loan modification if approved by Ocwen, "will bind and inure to your heirs, executors, administrators, and assigns." Why are they (Ocwen) adding this to force borrowers to submit to bogus loan modification and forebearance programs that only lead to foreclosure.

These are bait and switch tactics that help fuel the mortgage crisis. Criminal is the only way to describe their actions. Any legal agencies out there that are willing to assist I would appreciate your assistance. This is an update on a previous filing March.



0 comments

Information
Only registered users can leave comments.
Please Register on our website, it will take a few seconds.




Quick Registration via social networks:
Login with FacebookLogin with Google