Complaint Review: Ocwen

I borrowed money from my family to stop the foreclosure last August 2006.This was brought about by the same type of business practices I am describing below. I brought my account current August 2006. Paid outrageous charges and penalties. I have been making regular payments since.

Several months into my on time payments Ocwen sent me back a payment (which was on time) and said I had to sign a forbearance agreement for $300 dollars more a month then what I was paying.

For several months everything was OK then two weeks ago they sent me back two payments ($4000) and said I had to sign another forbearance agreement for $200 dollars more then my original payment (this is now $500 more then my payments were last August. I was instructed to pay them the $4000 dollars that they just sent back to me along with the new forbearance agreement. Now they still have me scheduled for the Sherriff's sale in a month and a half. They told me I was $30,000 in arrears. This is impossible.

I asked for the breakdown of the amount owed. It is the same charges that I paid last August when I brought my account current.They were paid once yet I am required to pay them again.

Patti
Drexel Hill, Pennsylvania
U.S.A.