OCWEN Complaints and Reviews

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OCWEN
Main address: P.O. Box 785057  32878-5057 Orlando FL
(800) 746-2936, ,
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  • Jun 18
  • Loans and Mortgages
  • Charge Fees
  • 2
  • 2
  • 85

This horrible bank bougth my loan and they don't credit the last two payments was paid to the previous lender and start to charge fees and fees and enforced to me to pay the money again and I was dispute with the payment proofs and they always send same lettter with different date and refused to give the credit . And now they put me on foreclure and I send modification package and they... Read more

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  • Jun 16
  • Loans and Mortgages
  • Excessive Escrow
  • 1
  • 1
  • 81

Ocwen sent notice that they need a larger "Cushion" in my escrow account in case there is a shortage for tax etc... So they want an extra $531 just to sit on. If they did this to everyone, how much are they sitting on? Sounds like free money for them. I always paid the shortage if there was one or got reimbursed if there was an overage. Imagine how much free money they have coming in just for... Read more

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  • Jun 15
  • Loans and Mortgages
  • West Sacramento, California
  • Mortgage
  • 1
  • 1
  • 98

Ocwen took over my mortgage from GMAC and have had problems every since. Last month when I went to pay online I found it impossible to make my payment. System would not recognize password or security questions. This month it was even more impossible to make my payment (system more complicated) and has Western Union sending payment for 10 dollar fee?? Been paying mortgage online for over 10 years... Read more

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  • Jun 15
  • Loans and Mortgages
  • Loan Servicing
  • 4
  • 4
  • 101

OCWEN just took over our loan servicing. Per our terms, we have a 15 day grace period in order to pay our loan and be considered on-time. Yet every month we get harassing phone calls about our payment BEFORE our grace period is over. Then, if we want to make a payment within our grace period but after 10 days of the original due date, we are charged an extra processing fee for a rush payment EVEN... Read more

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  • Jun 12
  • Loans and Mortgages
  • Middletown Township, New Jersey
  • Loan Modification
  • 2
  • 2
  • 125

Applied for a modification and they approved me today. What a joke. They cut my payment in half, reduced my interest rate to 2% and gave me a 36K principal reduction and did not extend the term. I should be ecstatic right? Well no. That is when they dropped the bomb that I have a 92K balloon payment at the end of the loan!!!!!!!!!!! I asked how this is possible and told them I wanted a... Read more

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  • Jun 12
  • Finances
  • Fire Insurance Payments
  • 1
  • 1
  • 62

Amica (Insurance company) has sent me and Ocwen 2 notices 1) a late notice that the premium is past due and 2) a notice of cancellation due to Ocwen not making the payment that had been escrowed. NO ONE can tell me why it wasn't paid and when it will be paid... NEVER USE this Company. When they took over the mortgage from BofA everything stayed the same, except my monthly payment went up... Read more

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  • Jun 10
  • Loans and Mortgages
  • Independence, Missouri
  • Mortgae Modification
  • 1
  • 1
  • 86

I applied for a modification and they told me that until the modification was final and a decision had been made that they would not hold a foreclosure sale, but they lied I have a sale date of June 30, 2014. They are going to make a 60 year old disabled woman homeless. I have the money to pay my loan each month, I just got behind when I had to quit work because of my disability and had to wait... Read more

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  • Jun 09
  • Loans and Mortgages
  • Trenton, Michigan
  • Mortgage Servicing
  • 73

On November 12, 2012 a Co-owner at 5522 Elmhurst Drive Trenton, MI notified us that she had lived out her 6 month redemption period and was walking away from her property. since that time we tried to locate the mortgage company responsible for the unit. Over the past year and a half, the Association has had to put both the gas and electric in the Association's name. A lien was filed in March 2014... Read more

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  • Jun 09
  • Loans and Mortgages
  • Loan Payments
  • 65

Constantly misapplying my loan payments. Can't seem to fix mistakes and keep the same problems from happening again and again. No matter what I say or do, they continue to mismanage my account so that've have to watch it like a hawk and call every time a payment is made to try to get them to correct their mistakes. I average 4 calls to OCWEN per month. I can't get them to resolve... Read more

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  • Jun 08
  • Loans and Mortgages
  • Charlotte, North Carolina
  • Mortgage Insurance
  • 43

I loved gmac but now I got ocwen and they suck. They dont have refinancing or mortgage insurance. I have been on the phone with them about my default in my mortgage and they always tell me need all the money or short sell and or transfer my deed. Every time I call I cant understand the people and managers wont talk to me. I wished ocwen would step up and become a mortgage company not a BULLIE Read more

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