We just received notice that the servicing of our mortgage loan was transferred from CENLAR to Ocwen. After looking online for information I am extremely concerned about dealing with these people on a loan modification. Are they any suggestions from other people in similar circumstances about our options or how we should proceed within this first 60 days?

This company has tagged on additional payment amounts to my original note and demanded I pay almost 14k in one month. When I did not they placed 700 plus on each monthly statement claimining I was late. My attorney jumped on this and helped some but this comapny conitnues to think harassing ac ustomer up to 10 times in one day and then having people that do not have information other than a screen wto waste time and disparage you on the phone. Since when do companies have the right to increase your payment by more than triple!!! There has to be someone to handle these issues as a central location.

March 2009 my husband and I applied for a home loan moidication under President Obama Plan. Weeks and months went by we hear anything and when we called we were put on hold for more than 30 minutes every time. I decided to hang up and I called again the customer service was very rude with very heavy accent and asked me why I had called and I told hime I would like to know if your received my packets and faxes and he didn't say anything and put me on hold again. about three months later we received letters after letters stated that they didn't received all paper and missing signuter. The letters we received was so confusing they sent letter date 7/20/09 and my documentation needed to be mail by or fax by 7/18/09, then couple day later we received other letter form Ocwen again letter date 7/22/09 and my documentation needed to be mail by or fax by 7/18/09 on and on. Finally, we submitting documentation after documentation as requested.

On August 2009, we received a letter from Ocwen that we qualify for loan modification, but they offer us three months trial for $1513 and after that they would work with us. The letter didn't explain much what my future payments would be and we refused to sign the contact. My husband called Ocwen the next day to explaning the situation that we couldn't afford the payment and finance solution we are experiencing and my husband asked to see if they have any other options or help. Ocwen reply that they going to sent us a new packet for a loan modification.

10/05/09, We received certified mail from Ocwen stating that we own $16k and we have to pay by the end of Oct 31th, 2009 or my house would be foreclosure. I couldn't sleep all night because I was to depressed and kept thinking where am I going to ge $16k, if I can not afford $1513. The next morning I called a program HOPE for help and explaning my situation and HOPE was on the phone with Ocwen and their going to sent me other packet for a loan modification.

Ocwen is the worst company claming to help homeowner and the worst customer service ever. If we all complain your voice will be heard ans we can make a difference to take this Ocwen down and file a class action lawsuit.

I am seeking anyone who has knoweldge of the way in which these companies operates its business. I am seeking information which points to loan gaming, forced placed insurance as a means for obtaining property through foreclosure, incentives for foreclosing, setting up escrow accounts for perpetrating fraud. Any information of violations of sarbanes oxley, tila. i asm also interested in learning about ach payments and predatory lending practices within the company. I am particulary interested in hearing from you if you have worked for the company.
Please contact me
Amelia Colvin
203 992 7334
[email protected]

OUR LOAN IS NOW BEING SERVICED WITH OCWEN (PREVIOUS'LY WITH TAYLOR BEAN/SPARTA). WE MODIFIED OUR LOAN IN MAY, MADE ALL OF THE PAYMENTS ON TIME, AND OCWEN SAYS "WE MIGHT HONOR YOUR MODIFICATION", "IN THE MEAN TIME YOUR LOAN IS IN FORCLOSURE! wHAT ARE WE SUPPOSED TO DO? WE HAD NO IDEA TAYLOR BEAN WOULD DO THIS TO THEIR CUSTOMERS...THEY HAVE TAKEN US FROM BAD TO WORSE! I CAN'T GET ANYONE FROM TAYLOR BEAN/ SPARA TO RESPOND, AND OCWEN WON'T ANSWER OUR QUESTIONS EITHER!
ANY SUGGESTIONS?