Michael
Newport,#2Consumer Comment
Mon, November 11, 2002
My mortgage was also sold or aquired by OCWEN in March 2002. I was informed in June 2002 with a letter stating that my mortgage would now be handled by OCWEN. I was also informed that I would be recieving a payment book and an address to start sending payments. None of these have shown up. I have recieved letters from the lawyers Moss, Codilis, Strawiarski, Morris, Scheider & Prior, LLP. They sent a request for financial statement which I sent back a few days later. After a month I received another one. I was working on refinancing with another company(Centex). All the paperwork was done and after spending $500 on an appraisel and misc. other stuff I was waiting on a call from the processor for my closing date. I got the call but not for closing, it was to say the underwriters would not approve it because my loan balance had gone up $7000 from when I first started the refinancing with Centex, which was in Aug. Two months and $500 later I am still with OCWEN and find out they are in all this trouble. I recieved a pay-off statement on Nov 5th that was good until Nov 8th and was dated October 22nd. The company I was trying to refinance with received the same statement. I found the Rip Off Report website when checking out a scam letter I had received. I fould the letter on the website and also saw that OCWEN was being sued in Conneticut. Finding the holder of my mortgage was a real eye opener for me and has me trying once again to find another mortgage company. I don't care if I have to pay a higher interest rate for awhile. I just want to stay in my house and get away from this company.