Complaint Review: Ocwen Federal Bank

My nightmare started 5 years ago, when I acquired a mortgage with Delta Funding, who then informed me that Ocwen Bank would be servicing my loan.

I noticed from the get go that Ocwen was cashing my checks, but not posting them sometimes up to 3 weeks later. I would receive letters saying that they did not receive my payment, however I had the cancelled check.

This would happen month after month, and in at least one month, my payment was never posted. I would receive 3 to 4 mortgage statements each month all with different figures. I was told by more then one legal advisor that I would need a forensic accountant to figure the statements out.

I was in constant touch with their law firm of Moss and Codillis, and one of their own lawyers told me outright that he could not figure out what was going on.

This has been a never ending nightmare. Legal fees have wiped us out We are still in our home and pray we don't lose it. I will fight to the end!!!

Kathy
Brickd, New Jersey
U.S.A.