Complaint Review: Ocwen FederalBank FSB

In the year 2000 I got behind on my payments and the land agreement was sold to Ocwen. I contacted Ocwen to catch up on the payments, or to refinance. It took 6 months of writing and calling them. I had to get an attorney just to find out how much I owed them.

By that time, the amount went from $14,000 in May to $ 25,000 in November of 2001. I have no idea what it is up to now. I have been trying to get it refinanced, but the property is not worth the amount that is owed on the loan. I have checked with the courthouse where the deed is located, and Ocwen has done nothing, but they keep charging me legal fees, late charges, etc. I have been paying for 19 years on a 20 year mortgage. These low-lifes think that I am going to start all over again.

Randy
Rossiter, Pennsylvania