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OCWEN - MY Nightmare starts

Date: Fri, 08/24/2007 - 06:34

Submitted by anonymous
on Fri, 08/24/2007 - 06:34

Posts: 202330 Credits: [Donate]

Total Replies: 4


Perhaps this is not the correct forum for this, but this mortgage servicing company operates like a predatory collection agency so I posted this here.

Are you familiar with these evil people? They currently have thousands of lawsuits against them and a Web search will reveal thousands of complaints against them. They are the third largest mortgage servicing company in the country.

What makes them so evil? Imagine you have been paying your mortgage on time every month for years. Then your loan gets sold to Ocwen. You send payment to them. They "claim" the didn't get it, and ignore your proof that they did. They start charging you late fees when your payment was never late. They then force place their ridiculously over priced hazard insurance when you and your insurance company have repeatedly shown you have always maintained insurance. Escrow funds mysteriously disappear. Your mortgage payment is jacked up hundreds of dollars a month for no legitimate reason. If you can't or won't pay these unjust charges, foreclosure starts. They steal your house and its equity.

Think all you have to do is prove this in court? Good luck. Judges won't even listen to you without a lawyer (thousands of dollars), and often just believe whatever the mortgage company's lawyers say (they wouldn't just make this stuff up you know), disregarding any evidence you provide.

Think I'm being paranoid? Just spend a few minutes researching Ocwen if you're not already familiar with them.

My house loan was sold from Aegis (going bankrupt) to Ocwen this month. I will be mailing the first payment to Ocwen to their lockbox by certified mail shortly. I feel like the mere fact that Ocwen is now servicing my loan means my house will be stolen.

If anybody is familiar with this horrible, evil company and has any advise, please give it to me.


i have a lot of the same problem with ocwen and i contacted attoney generalthey do nothing even if u have all the doc to prove what they are doing.what they do do is u fax compaints they recieve them they fax them out to ocwen then ocwen faxes there so called response back to the attony generalthey pull them out an fax them to u!! they dont even look at it.and they areare getting payed with your hard working tax dollars'they can not got your money back and they cant stop ocwen from doing anything!they just recieve and send faxes.really think about it all these people on here and no attorny general doing any thing!! if you ever find one that really can let me know !!until then .lol the only thing they might be investigating is how came there are so many papers coming out of there fax machine


lrhall41

Submitted by on Wed, 04/29/2009 - 18:17

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my guess is that u payed to much for your home that hud had the morgage u took out the loan though fha va you have a problem called life they inturn and fees and more fees then they sell your morgage to campanys like ocwen that find all kinds of ways to forclose on the home and there lawers take it over again.and again sell the house to the next victim that thinks they can own it!!and it goes on !they keep all the money!go to city hall and look at the records see if your house was forclosed on before>and then go look up all the forclosers that ocwen has in your city state .dont fall over because there are alot.and they are getting away with it because there are alot of people with there hands. in it they need your money .and they dont want u to know that they know ocwen is a bad company.its all on there computers how can they not know,and i dont see them doing anything about it


lrhall41

Submitted by on Wed, 04/29/2009 - 18:51

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