Be aware that Ocwen is acquiring
prime loans in good standing owned by Freddie Mac.
Ocwen is a ruthless, predatory Foreclosure Factory that now has extended into stealing homes of prime borrowers with good credit. Cuz they got all the sub-prime ones!
Previously, Ocwen only serviced sub prime or "bad" loans. Freddie Mac apparently feels that they are an appropriate servicer of prime loans.
So if you are a responsible borrower, with a prime loan and good credit, you may find yourself fighting off foreclosure with Ocwens predatory practices.
- Force Placed insurance
- Escrow abuse
- Missing payments
- and more! All courtesy of your friends at Freddie Mac
Ocwen, not just for deadbeats anymore!!
Be really scared when you go the mailbox.