Not resolved
1 comment

I refinanced with their partner which seemed fine at the time.Of course everybody refinances to get a better rate and lower payments which was fine at first.

Then notified that my escrow is short and I can pay the difference or they will increase my payment by almost $200 to make up the shortage. That put my payment above what it was before the refinance. Arguing with them is like arguing with a brick wall. The shortage in my escrow is due to their incompetence.

They were well aware what my taxes and insurance costs were since the refinance made no impact on the taxes. They cheated just to do the refinance because if it wasn't going to benefit me I wouldn't have done it. I continued my increased payments. Here we go again another increase but this time it really is ***.

My taxes were reduced by 50% on the first $200,000 and nothing else changed except Ocwen wanting more money. So then I put in for a loan modification that started another nightmare.

There foreign speaking customer service people have no clue what is going on but keep wanting more documents.Ocwen is more interested in being a debt collector than servicing a loan.

Review about: Ocwen Loan Refinance.

Reason of review: Problems with payment.

Had an Experience with Ocwen?

Write a review


Terms of Service
Post Comment
Bentonville, Arkansas, United States #1330211

Not happy with their staff or the way they run this company.They offer help then deny the help.

They put people on the phone that clearly do not understand english.

paper work, paper work and the deny help when we They have neglected us , discriminated against us and made us feel unworthy in more ways then many and we are very upset over the whole ordeal because of their incompetency .I would not suggest doing business with them

You May Also Like

Hawk Eye Management - Fraud! Don't use Hawkeye Management/Lencred to finance your business! Hawk Eye Management "I was recently approached by Hawkeye Management for business loans. Once we reached the application stage, it changed into LenCred. It seems the two are the same company. One representative..." Read more Ocwen Insurance Loss Draft Dept Ocwen "Dear Consumers My community was devastated by a deadly tornado Ocwen released 1/3 of funds and has made every excuse to keep the remaining Insurance money, these folks are criminals, they will not..." Read more Ocwen - Mortgage Modification Review from Walnut Creek, California Ocwen "Im very Happy because l tried to make a modification for my loan mortgage! And Finally I was Accepted!! Thank you!! Thank you! Ocwen !! I was very worried and..." Read more How Is It That No One Has Been Arrested At Ocwen Ocwen "Thousands of complaints online about Ocwen Loan Servicing out right stealing hard working Americans money. Here's a racket for you. Buy a customer's loan. Tell the customer that the first payment..." Read more Don't use Tradesy. Tradesy "I purchased a piece of luggage from EEG Closet on Tradesy and boy was I fooled... The luggage description said that it was gently used and had two scuff marks...." Read more Once again  Gasbike got me!!  my own fault for expecting anything different Gasbike "ordered a motor.. did not leave their place for 3 DAYS! took 10 days to get to me... AND they put a direct signature clause on the package !! nobody..." Read more PetArmor - DO NOT WASTE YOUR MONEY PetArmor "I made the exact same mistake that other people do. I used pet armour instead of Frontline like an idiot because I wanted to save thirty bucks. It doesn't work..." Read more FREIGHT SHIPMENT - FEDEX SUB-CONTRACTS Fedex "Package was sent from shipper using FEDEX... Package was shipped on 8 Sep - Package was deemed undeliverable because of damage in shipment on 26 Sep - Package was shipped..." Read more