Complaint Review: OCWEN

Attorney Kweku Hanson takes on Ocwen, Litton and Moss Codilis

[Paraphrase of Rev. Dr. Martin Luther King, Jr.'s Memorable Speech Delivered on the steps at the Lincoln Memorial in Washington D.C. on August 28, 1963].

Eleven score years ago, a great American, in whose symbolic shadow we stand signed the Declaration of Independence. This momentous decree came as a great beacon light of hope to millions of colonial settlers who had been seared in the flames of withering injustice. It came as a joyous daybreak to end the long night of captivity. But two hundred thirty years later, we must face the tragic fact that the American Homeowner is still not free to enjoy his private property.

Two Hundred thirty years later, the life of the American Homeowner is still sadly crippled by the manacles of predatory servicing and the chains of fraud. Two hundred thirty years later, the American Homeowner lives on a lonely island of scamming in the midst of a vast ocean of material prosperity. Two hundred thirty years later, the American Homeowner is still languishing in the corners of American society and finds himself an exile in his own land.

So we have come online today to dramatize an appalling condition. In a sense we have come to our nation's virtual capital to cash a check. When the architects of our republic wrote the magnificent words of the Constitution and the Declaration of Independence, they were signing a promissory note to which every American homeowner was to fall heir.

This note was a promise that all men would be guaranteed the inalienable rights of life, liberty, and the pursuit of happiness. It is obvious today that Ocwen has defaulted on this promissory note insofar as her customers are concerned. Instead of honoring this sacred obligation, Ocwen has given the American Homeowner people a bad check which has come back marked "insufficient funds." But we refuse to believe that the bank of injustice is bankrupt. We refuse to believe that there are insufficient funds in the great vaults of opportunity of this nation.

So we have come to cash this check -- a check that will give us upon demand the riches of freedom and the security of justice. We have also come to this favorite spot to remind America of the fierce urgency of now. This is no time to engage in the luxury of cooling off or to take the tranquilizing drug of gradualism. Now is the time to rise from the dark and desolate valley of financial exploitation to the sunlit path of secure home ownership. Now is the time to open the doors of opportunity to all of God's children. Now is the time to lift our nation from the quicksands of financial injustice to the solid rock of respect for mortgages.

It would be fatal for the nation to overlook the urgency of the moment and to underestimate the determination of the American Homeowner. This sweltering summer of the American Homeowner's legitimate discontent will not pass until there is an invigorating autumn of freedom and equality. 2003 is not an end, but a beginning. Those who hope that the American Homeowner needed to blow off steam and will now be content will have a rude awakening if the nation returns to business as usual. There will be neither rest nor tranquility in America until the American Homeowner is granted his secure property rights.The whirlwinds of revolt will continue to shake the foundations of our nation until the bright day of justice emerges. But there is something that I must say to my fellow victimized homeowners who stand on the warm threshold which leads into the palace of veritable justice. In the process of gaining our rightful place we must not be guilty of wrongful deeds. Let us not seek to satisfy our thirst for freedom by drinking from the cup of bitterness and hatred.

We must forever conduct our struggle on the high plane of dignity and discipline. We must not allow our creative protest to degenerate into physical violence. Again and again we must rise to the majestic heights of meeting financial force with soul force.

The marvelous new militancy which has engulfed the American Homeowner community must not lead us to distrust of all financial institutions, for many of our banking institutions as evidenced by their refinancing assistance today, have come to realize that their destiny is tied up with our destiny and their freedom is inextricably bound to our freedom.

We cannot walk alone. And as we walk, we must make the pledge that we shall march ahead. We cannot turn back. There are those who are asking the devotees of consumer rights, "When will you be satisfied?" We can never be satisfied as long as our families, heavy with the fatigue of telephone harassment, cannot shake the dings on our credit reports or get prompt payoff letters accurate to the last dime. We cannot be satisfied as long as the American Homeowner's basic mobility is from Ocwen to Litton. We can never be satisfied as long as a American Homeowner in Florida cannot refinance and a American Homeowner in Connecticut believes he has nothing to gain by refinancing. No, no, we are not satisfied, and we will not be satisfied until FEDERAL justice rolls down like waters and righteousness like a mighty stream.

I am not unmindful that some of you have come here out of great trials and tribulations. Some of you have come fresh from forbearance or bankruptcy. Some of you have come from areas where your quest to protect your property left you battered by the storms of fighting foreclosure and staggered by the winds of judicial inertia and inaction and incompetence. You have been the veterans of creative suffering against creative fraud. Continue to work with the faith that unearned suffering is redemptive.

Go back to Mississippi, go back to Alabama, go back to Georgia, go back to Louisiana, go back to the local banks and out-of-state mortgage ripoffs of our northern cities, knowing that somehow this situation can and will be changed. Let us not wallow in the valley of despair. I say to you today, my friends, that in spite of the difficulties and frustrations of the moment, I still have a dream. It is a dream deeply rooted in the American dream.

I have a dream that one day this nation will rise up and live out the true meaning of its creed: "We hold these truths to be self-evident: that all borrowers are created equal." I have a dream that one day on the alligator swamps hills of West Palm Beach, Florida, the sons of former mortgage frauds and the daughters of former foreclosure victims will be able to sit down together at a table of reconciliation. I have a dream that one day even the state of Texas, a desert state, sweltering with the heat of injustice and oppression by Litton Loan, will be transformed into an oasis of freedom and justice for borrowers.I have a dream that my two children will one day live in a nation where they will not be judged by the dings on their Equifax report but by the content of their character. I have a dream today.

I have a dream that one day the a reformed Ocwen Federal Bank, whose President Ron Faris' lips are presently dripping with the words of obfuscation and falsehood, will be transformed into a situation where subprime borrowers and homeowners will be able to join hands with honest and courteous loan resolution consultants and customer service reps and walk together as honest mortgagors and mortgagees. I have a dream today. I have a dream that one day every valley shall be exalted, every hill and mountain shall be made low, the rough places will be made plain, and the crooked places will be made straight, and the glory of the Lord shall be revealed, and all flesh shall see it together. This is our hope. This is the faith with which I return to the federal courts. With this faith we will be able to hew out of the mountain of despair a stone of hope. With this faith we will be able to transform the jangling discords of our nation into a beautiful symphony of brotherhood. With this faith we will be able to work together, to pray together, to struggle together, to fight in court together, to stand up for freedom together, knowing that we will be free one day.

This will be the day when all of God's children will be able to sing with a new meaning, "My country, 'tis of thee, sweet land of liberty, of thee I sing. Land where my fathers died, land of the pilgrim's pride, from every mountainside, let freedom ring." And if America is to be a great nation, this must become true. So let freedom ring from the prodigious hilltops of New Hampshire. Let freedom ring from the mighty mountains of New York. Let freedom ring from the heightening Alleghenies of Pennsylvania! Let freedom ring from the snowcapped Rockies of Colorado! Let freedom ring from the curvaceous peaks of California! But not only that; let freedom ring from West Palm Beach, Florida! Let freedom ring from Houston, Texas! Let freedom ring from every hill and every molehill of Moss Codilis false lawyer letterhead in Colorado. From every mountainside, let freedom ring.

When we let freedom ring, when we let it ring from every village and every hamlet, from every state and every city, we will be able to speed up that day when all of God's children, bad credit borrowers and good credit borrowers, Homeowners and Lending Institutions, Collection Lawyers and Consumer Advocates, will be able to join hands and sing in the words of the old American Homeowner spiritual, "Free at last! free at last! thank God Almighty, we are free at last!"

Kweku
Hartford, Connecticut
U.S.A.

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