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  • Report:  #730173

Complaint Review: Ocwen - Internet

Reported By:
Ocwen Advocate - Los Angeles, , United States of America
Submitted:
Updated:

Ocwen
Internet, United States of America
Phone:
Web:
ocwen.com
Categories:
Tell us has your experience with this business or person been good? What's this?
Ocwen is currently being Investigated by the FTC..

Now is your chance to make a difference.. Spread the Word!

Anyone wanting to file a compliant with the FTC about Ocwen should send a letter to:

Joel Winston associate director Federal Trade Commission 600 Pennsylvania Avenue, NW Washington, DC 20580 (202) 326-2222 www.ftc.gov

Joel Winston, associate director of the FTC, confirmed the probe and said agency officials are "looking at more than one potential target" as part of their mortgage-servicing investigation. He declined to identify any other companies being scrutinized by the FTC.

The FTC has taken several actions in recent years against questionable practices by home-loan servicers, which collect mortgage payments and handle foreclosures on behalf of mortgage-loan investors.

Ocwen is the 15th-largest mortgage servicer, according to Inside Mortgage Finance, a mortgage-industry newsletter. The company services $72 billion in loans and had net income of $38 million in 2010 on revenue of $360.4 million.

I am Not an attorney and I don't Not give legal advice...


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