Ocwen Loan Servicing Class Action?
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.aa19503