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Ocwen Federal Bank ripoff corruption West Palm Beach Florida *UPDATE ..eyes are opening in Washington, THANKS TO SITES LIKE THESE THE JIG IS UP
I refinanced away from Fairbanks Capital Corp. because of the abuses they tried to cause me and I knew in order for me to fight them with all my heart I had to get away from them. I am very involved with a web site that is directly aimed at putting Fairbanks out of business and any other loan servicer that wants to follow in their foot steps and it seems that I refinanced away from the evil owl of Fairbanks into the bottomless pit the "O" for Ocwen must represent.
First I got a letter from Ocwen telling me they were going to issue me Property Insurance since I did not have my own insurance. Wrong, I had insurance and I faxed over the insurance information I had and I also warned them not to play games with me because their name could and would become part of our web site. They accepted my documentation and that was that, oh by the way they were going to charge me over $1,500.00 for insurance that really cost me $400.00 for the year.
Now I receive a letter adviseing me I am Delinquent on my Property Taxes and this can put my loan in jeopardy. I admit I have not paid the first two quarters yet but the fact is I am not delinquent and I intend to pay my fair share.
My taxes can be paid in 1/4 payments or by the end of the tax year and ofcourse + interest. OK so I'll pay the interest but the fact is already they want to put my loan into jeopardy. I have never been late paying my loan and I will pay my taxes but the screws have started. I wanted the taxes rolled into my mortgage payment but after all that I witnessed with borrowers escrow accounts being misused by FB I decided I would not trust that being carried out for me.
It's strange, I really thought since Ocwen came to the web site so many times to see what was happening they would have learned something from it. I guess not, I guess the greed is more important. To Ocwen I will say, sit back and watch what happens to FB and know your next. You messed with the wrong borrower. This is causing me so much stress and I have a very bad heart, I have been having chest pains since I received this letter.
Carol
Sewell, New Jersey
5 Updates & Rebuttals
Carol
Sewell,New Jersey,
U.S.A.
In Response To Carolyn
#6Consumer Suggestion
Thu, January 02, 2003
I feel sorry for the fact that you went from Ocwen (the frying pan)to Fairbanks (the fire). They do not work with each other but they are still the same type criminals. Ocwen is for sale and Fairbanks has been trying to buy them out for years. This is not going to happen. Fairbanks is being backed into a corner thanks to this web site along with the conti-fairbanks web site. Fairbanks is fighting tooth and nail to shut down the conti-fairbanks site but it is not going to work and the same person who is running that site is very aware of Ocwen.
The method these loan servicers use to extort money from good borrowers is coming out in courts all over this country. The political response is heating up because we can't be ignored anymore without the fact coming out that politicians are being paid off to turn their heads to our plight. The conti-fairbanks web site supports the ripoffreport web site and this fight that we are in will change loan servicing forever. The corrupt actions of Fairbanks and Ocwen, etc. have been going on for years, everyone in the industry knows about them and what they do but it is not socially acceptable to be connected with them anymore. If you want answers to your questions go to the conti-fairbanks site, you'll find answers there. Keep connected to this site if you want to keep the pressure on. We are making a change but this is not just about us, we have to change the laws that allow these crooks to function.
Carolyn
Thomasville,North Carolina,
U.S.A.
Fairbanks Capitol and Ocwen Federal
#6Consumer Comment
Tue, December 31, 2002
In reguards to Carol from Sewell, NJ....My loan was sold from Ocwen Federal to Fairbanks Capitol...I beleive they are in this together and keep greesing each others palms....I'd like to know about the other sites.....if you would or anyone out there please contact me as I'm fighting for my home at the present time and have exhausted every avenue I could possibly think of ....I'm at the end of my rope so to speak and will seek legal coucel reguarding the class action law suit on this one.....My home is worth fighting for and so is yours.....I'm origionally from NJ and have family where you live.....thanks Yank......Carolyn McN you may contact me at [this report] Happy New Year!!
Ocwen should be on alert, eyes are opening in Washington
#60
Sat, August 17, 2002
To whom might be interested:
The scam has begun, it took you 7 month's but now you have started your Loan Servicing scam on me.
I refinanced away from Fairbanks Capital with the assurance that you were not like Fairbanks Capital but it seems you are. After doing much investigative work on Ocwen I know you are.
I am in receipt of a letter from you telling me I am delinquent on my property taxes which is a false hood but you know that. This is how the scam begins and forebearance agreements begin and then ofcourse your pot of gold at the end of the rainbow, after the equity stripping is the foreclosure.
I am not going to go on and on about your deliberate error. I know only too well how you along with Fairbanks play your game.
I will say two things to you
1) I know more about the loan servicing corruption then most people and I am aware the government has allowed it to go on too long.
2) Sit back and watch what happens to Fairbanks Capital Corporation/Fairbanks Capital Holding Corporation in the next couple of month's, if it takes that long and know that the same is going to happen across the board to loan servicer's who defraud borrowers. The investor's that take you on to service their loans drop you when the heat comes back on them. Sit back and watch the dirt that comes out about the way loan servicers make money, their real totals and how they are covered up.
3) I thought I better throw this in, the great law firms that represent you, they run for cover when the dirt starts to come out, I know this for a fact because I am very closely connected to the conti fairbanks site and you have picked the wrong borrower to scam.
New laws are needed to protect borrowers from this rampit abuse, old laws need to be enforced, the government needs to look at HUD and what it is not doing correctly and LOAN SERVICING needs to be regulated. It's all coming thanks to the AARP "Home Loan Protection Act" and democrats in Congress and Television Investigative Reporters. The news is out and now Prime Time TV programs want the story. The truth is coming out and your jobs are in jeopardy and so is your freedom.
Quota's on dishonest deeds are making news and eyes open in Washington.
I AM a Very Aware Borrower ..AND THANKS TO SITES LIKE THESE THE JIG IS UP
Ocwen should be on alert, eyes are opening in Washington
#60
Sat, August 17, 2002
To whom might be interested:
The scam has begun, it took you 7 month's but now you have started your Loan Servicing scam on me.
I refinanced away from Fairbanks Capital with the assurance that you were not like Fairbanks Capital but it seems you are. After doing much investigative work on Ocwen I know you are.
I am in receipt of a letter from you telling me I am delinquent on my property taxes which is a false hood but you know that. This is how the scam begins and forebearance agreements begin and then ofcourse your pot of gold at the end of the rainbow, after the equity stripping is the foreclosure.
I am not going to go on and on about your deliberate error. I know only too well how you along with Fairbanks play your game.
I will say two things to you
1) I know more about the loan servicing corruption then most people and I am aware the government has allowed it to go on too long.
2) Sit back and watch what happens to Fairbanks Capital Corporation/Fairbanks Capital Holding Corporation in the next couple of month's, if it takes that long and know that the same is going to happen across the board to loan servicer's who defraud borrowers. The investor's that take you on to service their loans drop you when the heat comes back on them. Sit back and watch the dirt that comes out about the way loan servicers make money, their real totals and how they are covered up.
3) I thought I better throw this in, the great law firms that represent you, they run for cover when the dirt starts to come out, I know this for a fact because I am very closely connected to the conti fairbanks site and you have picked the wrong borrower to scam.
New laws are needed to protect borrowers from this rampit abuse, old laws need to be enforced, the government needs to look at HUD and what it is not doing correctly and LOAN SERVICING needs to be regulated. It's all coming thanks to the AARP "Home Loan Protection Act" and democrats in Congress and Television Investigative Reporters. The news is out and now Prime Time TV programs want the story. The truth is coming out and your jobs are in jeopardy and so is your freedom.
Quota's on dishonest deeds are making news and eyes open in Washington.
I AM a Very Aware Borrower ..AND THANKS TO SITES LIKE THESE THE JIG IS UP
Ocwen should be on alert, eyes are opening in Washington
#60
Sat, August 17, 2002
To whom might be interested:
The scam has begun, it took you 7 month's but now you have started your Loan Servicing scam on me.
I refinanced away from Fairbanks Capital with the assurance that you were not like Fairbanks Capital but it seems you are. After doing much investigative work on Ocwen I know you are.
I am in receipt of a letter from you telling me I am delinquent on my property taxes which is a false hood but you know that. This is how the scam begins and forebearance agreements begin and then ofcourse your pot of gold at the end of the rainbow, after the equity stripping is the foreclosure.
I am not going to go on and on about your deliberate error. I know only too well how you along with Fairbanks play your game.
I will say two things to you
1) I know more about the loan servicing corruption then most people and I am aware the government has allowed it to go on too long.
2) Sit back and watch what happens to Fairbanks Capital Corporation/Fairbanks Capital Holding Corporation in the next couple of month's, if it takes that long and know that the same is going to happen across the board to loan servicer's who defraud borrowers. The investor's that take you on to service their loans drop you when the heat comes back on them. Sit back and watch the dirt that comes out about the way loan servicers make money, their real totals and how they are covered up.
3) I thought I better throw this in, the great law firms that represent you, they run for cover when the dirt starts to come out, I know this for a fact because I am very closely connected to the conti fairbanks site and you have picked the wrong borrower to scam.
New laws are needed to protect borrowers from this rampit abuse, old laws need to be enforced, the government needs to look at HUD and what it is not doing correctly and LOAN SERVICING needs to be regulated. It's all coming thanks to the AARP "Home Loan Protection Act" and democrats in Congress and Television Investigative Reporters. The news is out and now Prime Time TV programs want the story. The truth is coming out and your jobs are in jeopardy and so is your freedom.
Quota's on dishonest deeds are making news and eyes open in Washington.
I AM a Very Aware Borrower ..AND THANKS TO SITES LIKE THESE THE JIG IS UP