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Home  »  Company Reviews  »  Ocwen

Ocwen

Ocwen Financial Corporation is one of the leading companies in the financial industry. The company provides different services of financial nature, among them consumer and commercial banking, insurance providing, a variety of loans, tax refunds, etc. Ocwen Financial Corporation is based in West Palm Beach, Florida. The tagline of the company is: "We make your loans worth more". Any customer of Ocwen can easily pay his or her bills on-line, by telephone, by MoneyGram or by mail. The company claims to have the customer, his business and the solution of his financial problems number one prerogative. In 2007 Ocwen was ranked as the leading innovative company in the financial sector.
Consumer Rating: 54 Review Points
Date

Ocwen Reviews

Hits
06/23 Ocwen lawsuit 22
06/02 Ocwen was/is founded upon lies and deceptions,ocwen has destoyed our lives. 103
05/22 OCWEN Screwed us too. Abunch of Liars 82
05/19 YOU CAN WIN 117
04/16 IF You Here Ocwen....RUN for the HILLS! 179
04/08 Ocwen is the most crooked company i have EVER DEALT WITH 150
03/23 supposedly "lost payment"subsequent rolling late charges rolling 101
03/15 Mortgage Fraud and Violation of Civil Rights 261
03/11 ocwen hurts its customers and familys 189
02/22 Looking to a part of class action suite 264
02/17 OCWEN IS CHEATING MY DEAF DAUGHTER 139
02/11 OCWEN LOAN SERVICING LLC 202
02/10 Ocwen 122
01/26 Ocwen has ruined my credit! 152
01/18 0038399085 (my loan #), NOT A LUCKY NUMBER! 129
01/08 VA/ocwen,both dirty sons of b!@#$%# 310
10/21 Said they would "try and help" 443
10/16 Ocwen- what can I say 283
10/11 I have GOOD contact information for OCWEN to help. 632
10/10 Ocwen lied and never modified our loan 421
10/06 Ocwen stole all my equity 307
09/25 What Happened? 306
09/16 Ocwen has no people that are in the states 461
09/16 JUST WRONG 284
09/06 screwed by ocwen class action lawyer wanted 370
09/02 Lies, stalling, poor communication and poor customer service 288
08/27 Ocwen,Charging me over hundred dollars for late fees for 1 month. 263
08/22 modification 332
08/01 ocwen remodify 382
06/23 Ocwen - anybody have a US phone number? 1014
06/23 Preditory Charges over $100,000 dollars, Sheriff Sale is next week 460
05/31 Short Sale 455
05/23 OCWEN LOAN & HSBC & COMPANY IS A RIP OFF 831
05/21 Offered to help modify month payment 521
05/06 Ocwen &HSBC rip off/takeing my home pised off 530
04/30 Bad Communication/New Idea 466
04/28 Ocwen now owns my home 425
04/15 OCWEN is a joke! 889
04/09 Ocwen charges mortgage insurance when I already have outside insurance 665
03/14 OCWEN FALSED DOCS, TRYING TO STEEL EQUITY 936
 
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    Mortgage


    A mortgage is a lien on a property/house that secures a loan and is paid in installments over a set period of time. The mortgage secures a person's promise that he/she will repay the borrowed money to buy a home. A person should be ready for a financial commitment that could last several decades.

    Mortgages come in many different shapes and sizes, each with its own advantages and disadvantages. It is vital to make sure that the right mortgage is selected, the one that is right for a person, his/her future plans, and his/her financial situation. Each borrower may choose among the following types of mortgage: fixed-rate mortgage, adjustable-rate mortgage, balloon/reset mortgage, reverse mortgage. Understanding the benefits of different mortgage offerings can be a complex process. As for the benefits of the fixed-rate mortgage so they include inflation protection, long term planning, as well as low risk. Reverse mortgage has also some pros. Here we should mention tax advantages and retirement income supplement. The only special condition to get this type of mortgage is that a person is retired. Adjustable-rate mortgages (ARMs) are popular because they usually start with a lower interest rate and a lower monthly payment. With the balloon/reset mortgage it is possible to reset your mortgage interest rate at the market rate for the remainder of the amortization period.
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