Ocwen Mortgage Company

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Category: Business & Finances

Contact Information
Tallahassee, Florida, United States

www.ocwen.com

Ocwen Mortgage Company Reviews

clairez1 December 29, 2009
loan modififcation program
I applied for a loan modification with ocwen, . The offer they returned was higher than my monthly mortgage payment, I tryed calling Ocwen and no responce, All you get are automated recording and leave a messoage with someone who cannot say their name clearly, I tryed to talk with the Ombudsman office held on for 40 minutes and finally I faxed ocwen and the Ombudsman office with no response.People seeking mortgage should not go to Ocwen they will let you down, raise your monthly payment telling you it is due to personal property taxes, This is a truth. toles, c
August 16, 2008
Harassing phone calls
Ocwen is by far the WORST company I have dealt with in my life. My home mortgage loan was sold to Ocwen about two years ago and I am hopeful to get rid of this company ASAP.
Because I paid my mortgage late (but also paid their late fee) they have called me daily beginning the 1st of the month and ask why the payment isn't there. They are calling from India, are difficult to understand, and insist on knowing every detail as to why the payment hasn't been paid yet, when it will be paid, etc. However, once it 's paid late they will call daily even when it's not late.
I received a certified letter today from OCWEN stating that they did not have proof of my homeower's policy and had now signed my up for a policy that is nearly 4 times the amount of the policy that I already have. HOW CAN THEY DO THIS? I will now have to spend my time next week trying to clear this matter up including sending a certified letter to them proving my insurance company. AND I am concerned now after reading what Ocwen has done to other people that they will come after me for an insurance policy I did not need in the first place.
My dealings with Ocwen haven't been as severe as other people have had to deal with, but next year my loan will reset and I have to get away from this company before I lose my house with their unethical, seemingly illegal practices.
February 3, 2008
Terrible experience!
I purchased, what I believed to be a 2 million dollar accidental life insurance policy from ocwen. When I contacted Ocwen to ask them about the policy they told Me, that it was not for 2 million dollars that it was simply the name they had given to the policy. They said the name was 2 million. and that the actual policy was not worth 2 million and it was a whole life policy so I canceled the policy.

They (Ocwen) always call me at home to offer some new up date to the mortgage like for home repairs, insurance, mortgage life etc. They call at least once per week even though I have told them that I am not interested in increasing My monthly mortgage payment! I do not know if they actually sent my payments for the Life Insurance payments to the under writer for the Insurance coverage that I supposedly had purchased over 1 year ago.

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