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Please contact me for any information on ongoing class action against Ocwen. My Mother would seriously like to join and bring these bastards down. I have similar complaints here. My Mom owns a house in Sacramento, CA, she refinanced her prop in 12/06 and loan was sold to Ocwen in 1/06. She was told sometime in 7/06 that she was 1 month late while continuously paying her monthly mortgage. She asked how could that happened? They said they did not receive 12/05's payment. She did pay the original mortgage company she signed for. All along, she was paying her mortgage unknowing she was 1 month late and Ocwen reported this to the credit bureaus. In 3/07, she was forced to make arrangements to her supposedly 1 month late by coming up with another $200 monthly payments. Her mortgage was around $2500 now she's paying $2700 for about a year now. She has never missed payment. She tried to refinance recently but was told her credit rating was so low since it shows that she has 1 late payment since 1/06, when Ocwen took over servicing. Thats 24 months of late reporting! even if she has not missed payment. Her credit is damaged and she has been turned down for refinancing. This is just cruel! So please anyone get back to me and tell me if there's a class action out there, if not she'll have to bring a lawsuit herself.  Comments (30) |  |
| 1. Written by Chris & Kim, on 21-10-2009 13:04 We found this in our search to get these basterds, as there are trying to forclose on our condo and gave us a trial payment for three monthe of $764 down from our $948 payment, no interest or terms (illegal) "For several months, Rip-offReport.com has been trying to locate lawyers to take on Ocwen Bank. Ocwen bank has retaliated by a series of dirty tricks which include, but are not limited to, filing bogus Rip-off Reports by attorneys or Ocwen employees pretending to be gathering names for a class action suit, when really they were trying to find out who the victims were on the RipOff Report. (no information was ever revealed) They also filed several false claims by individuals posing as victims, who said they had a lawyer in order to collect names off the Rip-off Report. Rip-off Report has finally located the attorneys pursuing a class action lawsuit against Ocwen, and Rip-off Report carefully verified their credentials. ALERT--- "Ocwen Federal Bank has been sued for millions of dollars in a Connecticut federal court for racketeering, breach of contract, unfair debt collection practices, overcharging borrowers bogus service and late and escrow fees, harassment, and mail fraud. The lawsuit is Hanson v. Ocwen, a class-action complaint filed in the Federal District Court in Connecticut [Docket #3:02CV960]. The lawsuit seeks punitive damages in the amount of $1.5 BILLION. To all the many victims of OCWEN Federal Bank, Listen up! The lawsuit seeks to become a class action, which would then involve all of you who have been complaining day and night about the mistreatment suffered for months or years at OCWEN's hands. There have always been power in numbers, and the class action lawsuit is now hitting back at OCWEN on behalf of all the honest homeowners that it has trampled on for some time now. If you would like to be included in the class action lawsuit, keep reading. TOGETHER, WE CAN MAKE A DIFFERENCE AND STOP THE BIG, BAD WOLF FROM BLOWING YOUR HOMES DOWN, ONE BY ONE. HOW TO HELP OUT: Submit a notarized sworn statement (or Affidavit) summarizing your experience (much like many of you have already done here at RipoffReport.com, but pay attention to spelling and grammar, please, as this may go into the court record for all to see for ever). Rush your Affidavit to the following person: Kweku Hanson 487 Main Street, Suite Two Hartford, CT 06103-3007 email: email: " YOU SHOULD ALSO FILE A RIP-OFF REPORT: Filing a Rip-off Report is also important and should be your first step. Your report will be looked at by other consumers interested with your situation and may relate to and benefit by the rip-off you experienced. The more Rip-off Reports on Ocwen, the more educated other consumers will become, when dealing with Ocwen. This will also help create a better working history on OCWEN and give us the information needed to contact you regarding the disposition of the lawsuit." ALSO.... In addition to all the hundreds of complaints we have received on Ocwen Bank in the form of Rip-off Reports, we also receive hundreds of e-mails every week asking for our help. We have contacted Ocwen on many occasions to arrange a wholesale settlement and they have promised us numerous times that they would settle but they have reneged. They have also had their attorneys threaten us. Having said that, Ocwen Bank has also tried to post to each and every complaint with the following bogus and useless message: ----------------------- "If you have a concern regarding the servicing of your loan, E-mail Address: Toll Free Phone #: 1-800-804-5561 Mailing Address: Ocwen Federal Bank FSB, Attention: Research Department, 12650 Ingenuity Drive, Orlando, FL 32826 We strive to provide each of our customers with the utmost in customer care and professionalism and are eager to address any issue or concern that you feel has not been appropriately addressed." --------------------- At Rip-off Report, it is our opinion and the opinion of other victims that, Ocwen has no intention of resolving these matters. Victims identify no answer on that phone line for several minutes and in some cases almost an hour. Additionally, other victims post that they have received no response to their correspondence even after Rip-off Report posted their comments. We have notified Ocwen that we cannot and as a matter of policy, will not post these bogus memos at great expense to our time and resources that are only a ruse and an additional run-around to the victims that come to the Rip-off Report. ED Magedson - EDitor-in-Chief badbusinessbureau.com www.ripoffreport.com We are not lawyers. We are not a collection agency. We are Consumer Advocates. ...the victims' advocate WE are Civil and Human Rights Activists We are a Nationwide Consumer Reporting News Agency ...by consumers, for consumers DONATIONS may be sent to and USA Victims and Volunteers respond to: PO Box 310, Tempe, Arizona 85280 FAX: 425-799-9729 Remember. Don't let them get away with it! Make sure they make the Rip-off Report. |
| 2. Written by Tammy Hill, on 19-10-2009 08:05 Please let me know anything that I should tell my lawyer. |
| 3. Written by Sabrina, on 17-10-2009 19:13 Hey Will, Do you have Ocwen? If so then you should tell us how to contact the FTC. And quit telling us to stop complaining we are all trying to find a lawyer so we can sue these bastards. Some of us have lost their homes others are in danger of it and most likely will because Ocwen doesn't want to help as well as any of the other companies I have read about. So why don't you help us? |
| 4. Written by Sabrina Adams, on 16-10-2009 08:05 They sold my home while my "loan mod" was in review. They"called" their attorney to postpone the sell the evening before the sale date and when I talked to their attorney she told me that they did not e-mail her about postponing the sell. LIARS!!!! We need to sue these liars. What are our rights? Someone help us. Does anyone know a lawyer? Let's stop them. Please contact me at I need info on who to contact. |
5. Written by Tammy Hill, on 14-10-2009 18:21  Help they are lying. |
| 6. Written by lisa myers, on 22-08-2009 16:17 This sounds so scary they just sent me a letter after my loan was just transferred last week to them and they are saying that I owe the entire balance of my loan and and now are incurring late fees. And yet when I put my loan number in the telepromt and it says I owe less then what I paid on my original monthly payment. |
| 7. Written by will, on 11-08-2009 17:18 you need to quite compalining to each other and notify the FTC that governs them |
| 8. Written by A&M, on 08-03-2009 12:31 Well this year only $16 went onto our principle plus without our permission or knowledge they paid our taxes and doubled our monthly payment. We pay our taxes ourselves and in no way did they have our permission to do this  They are trying to force us out of our home and for what? These guys are evil in a big way. Contact us if you have any info on a class action. |
| 9. Written by , on 07-10-2008 12:05 My mother's property was put in Ocwen and she complained about the difficuties. She had passed on and I had the pleasure of dealing with them. If there is a class action suit in Pennsylvania, please let me know so I can include her estate. |
| 10. Written by In Orlando, FL, on 05-10-2008 22:58 Now I feel like I am not alone! I too have had my credit run into the ground with ocwen. They have been reporting me 60 days late after I went into forebarance plan with them and over a year not one late payment. But sure enough they keep reporting me late based on late payments a year ago and keep tacking on late charges! I finally got through the people fro India by telling them I would walk out of the house if someone would not work with me on a loan modification. They heard me that time and now I am in the process of sending them my financial info. We'll see what happens next. |
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