69 comments

I have experienced MANY of the exact same issues as these other complants against Ocwen. Our loan was sold to Ocwen in March of 2002. At that time, Ocwen right of the bat reported us 30 days late since they had not received the Feburary payment. The February payment was sent to the previous lending company ans Ocwen had not sent notification of where to send payments. It just went from bad to worse, the derrogatory marks on our credit report, the phony forebearance plans, the skyrocketing interest rates, failure to pay insurance and taxes, and it just goes on and on. I would really like to get information on a class action lawsuit against Ocwen. Anyone have any information that may help???

Denise

Idaho

Review about: Class Action Lawsuit.

Review #105088 is a subjective opinion of a user.

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rkoehl
#811986
Go to the cfpb website
cinjin
Santa Rosa, California, United States #811983
The following is a letter from an individual whose mortgages were transferred to OCWEN LLC. There is even a Facebook page by those who are being stolen from as we speak. https://www.facebook.com/pages/Ocwen-Loan-Servicing-Rip-Off-Report/291790883473
“OCWEN LLC. acquired my mortgages, and since they have been servicing them, they have deliberately delayed correspondences for the purpose of accruing late fees. Although I have corresponded repeatedly with them and their “research” department, have provided them with evidence of my payments being on time they are still doing it. Now I am sending my payment express mail with confirmation of delivery, and they still sent a late notice. The customer service representative recommended going through the research department. They are deliberately denying payments are being made even though there is clear evidence that no payment has ever been late. Standard and Poors have them on credit watch for not administering acquisitions thoroughly prior to additional acquisitions. My assertion is that they are probably doing this to most if not all of their acquired customers in order to beef up assets. I need a legal remedy for the life of these loans. Dealing with them every month for hours just to verify my timely payment is not an option I can live with.”
December 19, 2013 The Consumer Financial Protection Bureau (CFPB) along with authorities in 49 states, and the District of Columbia, entered into a Consent Judgment with Ocwen
... Show more
Customer
Oceanside, California, United States #761684
Many of you might have forgotten but nor me. Let me share the past history what lead us all to the same ongoing scams with our government and banking industries. I know it knows past tense but those that went through it will never forget it and especially those that lost their hard earn investments.

Both spouse and I combined income was over 120K per year considered at that time the “middle class” folks. We purchased our home December 2004 for 490K with a 1st and 2nd deeds total monthly payments with escrow taxes and insurance $3,900.00. Litton Loan Servicing was our mortgage servicer for both loans. Our home value sky rocket in 2006 to 600K then came the recession late 2007. Our home value rock bottom to 310K in 2008 plus both loans were ready to readjust to a higher interest rate. My spouse got her layoff notice late 2007 and now only one income for the house hold.

Former President Bush was in office. No federal mortgage programs were yet in place for the consumer or banks. The meltdown continued slowly bleeding the middle class investments.

Former Bernard Madoff stock scandal fraud was exposed end of 2008 for allegedly aiding his 17 billion stock fraud scam for years and of course our government agencies never notice it.
The global markets were slowly getting hit affecting real-estate and all other industries including the banking industries. All stocks went from dollars to pennies over night. Many companies’
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Hadit
Austin, Texas, United States #714305
We lost the roof to a hail storm recently. The insurance company totaled the roof and issued the check payable to us and OCWEN. OCWEN has not released any money to the contractor. Further, there was some related damage for which there was payment in the check for drywall and paint repair. OCWEN will not release that money either. Is this legal?

Additionally, I had heart surgery in January and advised OCWEN that I would be out of work for a while. I am less than two payments behind but get at least one call a day from these people. Today, I was on the phone with them when the second line rang and it was OCWEN again. No one has any authority to assist and insist on reading their script no matter what. They must get paid for how many phone calls are placed and how many scripts are read.

Anyone else dealing with this?
Jaye
My townhouse is worth $70k. I owe over $250k. I've been denied a modification numerous times. I've had a short sale pending with OCWEN for over a year. Just today OCWEN is denying the short sale and asking for more money from the buyer. OCWEN is effecting not only my credit score but now more than likely my livelihood. If there is anyone who knows about the OCWEN lawsuit I'm definitely in.
JackWhite
to Jaye #714977
I can help you get a modification. send me an email to mortgageassistance4u@gmail.com
Dazed, hurt and tired
Las Vegas, Nevada, United States #635965
I thought that I was all alone with the dealings I encountered with this terrible, heartless company. We all are singing the same tune and deserve justice!!!!! We can we do team this can not be fair practice and this evil must be bought to justice.. Desperate and hurt. Please let's rally to make difference for the families in need of housing/mortgage justice.
scubagirl010
I would welcome joining a Class Action suit against Ocwen. Ocwen has misreported my loan to all the credit bureaus causing my score to drop drastically. Among the misreported information is that my HELOC was a conventional loan, that I was 7 months late when they didn't even have the loan. The list goes on and on. Speaking to those people is like speaking to a group of sea slugs and even with the proof in my hands and a guarantee from "CORY" that a letter was going to be issued addressing all the misreported information, they have YET to correct the misinformation some "rocket scientist" reported. Let's sue them for everything they are worth and prevent others from falling to their bad business practices.
rkoehl
I would love to enter into a class action lawsuit!
Ray
to rkoehl Wasco, California, United States #635200
I sued OCWEN Loan Servicing LLC, about two years ago and got a modification, that they denied me. I know that OCWEN Bank was shut down some time ago for fraud. OCWEN Loan Servicing LLC, remaines open today.They are the servicers for Fredie Mac.They are incorpoated in Delaware.Fredie Mac and *** May was delcared incompetent in about 2008 by Bush. If a law suit was filed one must do it in Federal Court and if Freddie Mac is joined in the suit the US Attorney General would be required to defend against them. Therefore a top Federal Law firm would be required to sue if you got a class Action suit going.You would need to research the top law firms in Washington DC and find one that handles Class Actions in Federal Court

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