Not resolved
1.0
Details
Billing Practices
Customer service
Diversity of Products or Services
Interest Rate
Product or Service Quality
Reliability
Staff
Value for money
Website
3 comments

I have spent the last four months going through a modification with Ocwen, every time I turned around something was wrong with the paperwork.Of course, they have reported to the credit bureau my being late.

What they didn't report, it was due to them not accepting paperwork the actual government accepted, but not good enough for them. After all of this time waiting they finally came back with a term (fake) modification. They have lowered my payment less than fifty dollars and will not give me any information on what the (terms) are! They want me to make a payment for three months with no information on interest rate, what amount they are actually financing, nothing.

When I questioned her about the amount they reduced my payment to she asked me if I thought a loan modification was to reduce my mortgage payment. She said that's not what it's for. And then proceeded to tell me that based on my finances, I could afford the loan. Asked what the problem was since I clearly can afford the ridiculous amount!

This mortgage company is a JOKE! Like so many other's my loan was with GMAC also. Ocwen bought it from them. I truly believe they want to foreclose on my home.

I have a lot of equity built up, a nice chunk for them to keep if they foreclose on me!!What a horrible company!!!

Review about: Ocwen Mortgage Modification.

Reason of review: Problem with delivery.

I didn't like: Poor business practices.

Had an Experience with Ocwen?

Write a review

Comments

Terms of Service
Post Comment
Cancel
Anonymous
#1366577

I guess if you would have done what you promised to do when you signed the contract...pay your bills on time...then you would need to be worrying about foreclosure which is what YOU caused!

Anonymous
to Anonymous #1366825

Anonymous ocwen is a fraud majority of the loan they have no contractual obligations what so ever. They robosign docs over and over. You need to *** the *** up.

Anonymous
to Anonymous #1393812

Why are you anonymous, because you know *** well your comment is unacceptable, you have no right to accuse this homeowner of not paying the bills. Ocwen is so backwards cannot keep anything together, surprised you are still in business considering you cannot conduct business in certain states

Honestly karma is going to give you a nice dose of reality when it shuts down, and who knows maybe you will be the one to land your *** on the streets.

You May Also Like