Ocwen Loan

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Category: Business & Finances

Contact Information
Orlando, Florida, United States

Phone number: ocwen.com

Ocwen Loan Reviews

dynadeb March 31, 2011
stop payiny my property taxes and raised my loan payment
I have had my mortgage with ocwen since 2005 my agreement has always been 724.00 taxes an insurances included monthly, , recently I learned ocwen has not made a tax payment since 2009 and my payment is now 779.00 a month they also refuse to modified my loan, ocwen is the worst of all mortgage comp. to try and work with I have owned my home for 23 years an they are not winning with this one they have made so many mistakes on my account an refuse to correct it even after I fax and mail proof they still give me some sorry excuse. what do I do? I have done but all have a nervous breakdown.
Sloglo March 31, 2011
Shut off my automatic payments
My automatic payments were shut off after some payments had been made and received by the company. I was told that my bank account number had been made erroneously and that the payments were not processed. I asked to speak with a supervisor but was denied. However, the phone representative offered to make the corrections on the account. I gave her the information and she assured me that the payments had now been accredited to my loan account. Now, two months later, I have been notified that no more account payments have been accredited and that I am in arrears. I called today and demanded to speak to a supervisor. I was again denied. I will seek legal action.
Koolaid February 28, 2011
Harrasement after Foreclosure
They are a dirty none careing company. Once our loan was sold to them it was a horrible experience. My husband was in an accident with an Eighteen -Wheeler truck and not able to work. We lost the house we were trying to buy because of them not being willing to work with us. Then after finally being foreclosed on they still harassed us for payments, We had two loans with them loan numbers are 70037312 and 70037304. I also don't understand with them they closed out one loan and we are still getting papers on the other loan.
Tony Frederick February 17, 2011
Stealing when they should have let me buy it
Never in the history of banking, having i ever heard of a company that takes your house. Even though you are making payments. Where is the government when you need them? Ocwen Lending is a criminal and should be exposed to the world. It is not fair to the working people to have companies like this. My daughters mortgage was handed over to OCWEN and she lost her home in less than a year. She was battling Cancer at the time too. What kind of co. does this to sick people? Ocwen ***!!! Bad JU JU!
Sert January 26, 2011
Bad service
I did everything they asked me for months and then they said I did not have the right things there. Well, finally I found out that they said that the person who they are doing business for does not accept loan modification, I called even the attorney general. I know that they are dishonest. The only way I could keep myhouse for now was to go bankrupt

and I had no other reason to do so but to keep them from taking it. there has to be an attorney who will sue them I am ready!!I know they are dishonest, I even taped recorded our conversations just to prove it
Victor October 29, 2010
Modification scam
Ocwen scammed us by sending us a letter a few weeks ago stating if we send them $1, 560.00 that will be our new loan payment for an approved loan modification to start Oct.1 2010. Well we sent the moneygram with the full amount and faxed the signed paperwork by the date requested. Called them last Tuesday to make sure everything was a go. They said they got the money but not the signed documents so therefore we are not eligible for the home loan modification because we passed the due date of Oct.1st.
Lime June 21, 2010
Rip off
I have been sending more than my payment ever month, instead of them applying it to my principal account they put it in a suspended file and at the end of every year wipe it clean. My account does not show my extra payments and this has been going on for years. I have called and emailed but no one can explain where the extra money went or what a suspended file is .They have also billed me sometimes 5 or 6 times on the same day for the same thing.(property inspection fees)and(certified mail fees)Rip Offs
Steaven March 6, 2010
Bad service
I bought a home, owner financed, simple contract, worked great for years. The owner got in trouble and sold the contract to Ocwen. What a frigging nightmare it has been ever since. Ocwen thinks they can change what ever rules when ever they want. In the 9 or 10 years I had to deal with them I never ever even once recieved any report or statement showing where or how my payments were being applied. No end of year tax statements, interest, principle amounts or any communication what so ever other than collection recordings at 8am every weekend. Fortunatly my payments went to an escrow account thru my local 1st national bank. When I finally refinanced my loan in Oct of 09 to build a garage there was over $4000.00 differance between what my escrow acct with 1st national said I owed and what Ocwen said I owed not including a $3500 payment I made directly to Ocwen that did not go thru my escrow account. [ made 6 or 7 years ago due to unwarranted threats of immediate foreclosure that I could not investigate at the time.]Thats a $7500. discrepency. I must have tried at least 50 times to talk to somebody but apparently no one except automated phones and answering machines work there. Of coarse no one will return your call either. If by some rare chance you do get a hold of a human being, they do not speak plain English since they are not from any English speaking part of the world and they could care less about anything but what they see on the screen in front of them. My loan with them was paid off 4 months ago when I refinaced and I am still getting letters saying they are taking out Insurance coverage on my behalf and will bill me for it. What a f/up company. I am so glad to be rid of them.
July 9, 2008
They’re about to ruin my life
In July '06, we decided it was time to purchase a home instead of paying rent for someone else’s' house. We picked a home to accommodate our then 3 children. We had American Home Mortgage with an Adj. Rate higher than the Federal rate due to our credit.

Our loan was sold to, you guessed it, Ocwen. After the loan sale, the rate increased a little.

We are in our second year of our mortgage and have fallen behind in our payments to Ocwen. They call incessantly and have gotten our mortgage now more than what we borrowed because each time we are behind, they assess us fees exceeding the mortgage! The house was assessed at $130, 000.00 and now we owe $147, 000.00. We are a young family with now 4 kids and unless we get some divine intervention, will be foreclosed on and paying rent again.

Each time we need to call someone from Ocwen we get a horrible-English speaking 'representative', used mildly, who just keeps bumping our payments up to now more than we make in a month...Just for the house!

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