2401, Report:
#11097
Posted Date:
Jan 10 2002
Ocwen Federal Bank Love the late fees *Consumer Suggestion
Every month we mail off our house payment and our second mortgage the same day together. Our house payment arrives and gets posted usually within 5 to 7 days.
Now our payment to Ocwen usually gets posted 12 to 14 days after it is mailed and it always seems to be 1 to 2 days afte...
Entity
Categories: Mortgage Companies
2402, Report:
#11146
Posted Date:
Jan 10 2002
ocwen federal bank harassment over their errors! rip-off
I bought my 1st home in December of 2000, and Ocwen bought the loan to it. I had problems with them from from day one. First it started with them not sending me monthly billing statments. I made numerous calls and would include a note note with my check informing them of the pro...
Entity
Categories: Banks
2403, Report:
#9058
Posted Date:
Jan 10 2002
Ocwen Federal Bank nothing but a Mortgage Headache Rip off *REBUTTAL *Another Victim *Consumer Suggestion
I am currently on my 3rd and final forberance agreement with Ocwen. I have made my payments on time and they are not posting them correctly and also billing me for more then the agreements were set up to be. Needless to say the bills come 2-3 days before the due date so there is n...
Entity
Categories: Mortgage Companies
2404, Report:
#10993
Posted Date:
Jan 10 2002
Ocwen Financial Co WORST Customer Service *REBUTTAL
We have been trying since 12/27/01 to get a payoff amount on our mortgage from Ocwen. We were told that they would have to look at actual signed loan paper before they could get that amount. That's fine. However, EVERYDAY when I call to get that amount, they say the have to find ...
Entity
Categories: Consumer Services
2405, Report:
#11214
Posted Date:
Jan 10 2002
Ocwen Bank in West Palm Beach Florida is a ripoff Has Lousy Service
Beware of obtaining a mortgage though Ocwen Bank!
I obtained a mortgage though Ocwen Bank in October of 2001 with the first payment due on December 1st. My payment was mailed, along with all my other bills, in more than enough for them to post and cash my check. It took more th...
Entity
Categories: Mortgage Companies
2406, Report:
#11082
Posted Date:
Jan 09 2002
Ocwen Federal Bank West Palm Beach Florida cashes mortgage check but fails to post to my account. Incompetent financial institution
Ocwen Federal Bank recently bought my new mortgage. After cashing my first payment check, they failed to record receipt of my payment and have been harassing me with 8:00am phone calls. Now, despite my faxing a copy of the cancelled check, they have put me out for collection with ...
Entity
Categories: Mortgage Companies
2407, Report:
#9622
Posted Date:
Jan 08 2002
How many of you have ever talked to a LIVE rep. from Ocwen Bank? ..where the hell did these people come from anyway *REBUTTALS
Out mortgage was apparently sold by MetWest to Ocwen. We were never notified and were quite stimied by the fact that Ocwen was calling daily (via a recorded message). We didnt have a clue as to who these people were and sent our mortgage payment to MetWest. It took almost 6 month...
Entity
Categories: Mortgage Companies
2408, Report:
#10944
Posted Date:
Jan 08 2002
Being ripped off by Ocwen Bank, OK folks, want to stop the harrassing calls, try this, it worked for me!
I too used to get the daily computer generated calls. I would mail my payment on the first. They (ocwen) they could call daily, up until the 15th of the month and it too was computer generated, yada,yada, yada.
Want an answer to the problem? Ok. First either change your home phon...
Entity
Categories: Mortgage Companies
2409, Report:
#10946
Posted Date:
Jan 08 2002
Ocwen Federal Bank Ripping you off? Payment Scam Uncovered
8 months ago, my Metwest mortgage was bought out by Ocwen. Every month since they have taken over, my payments have taken on average of 10 days to post to this account and on two occasions, have been late. I can empathize with those who have received the harrassing phone calls. I...
Entity
Categories: Mortgage Companies
2410, Report:
#11015
Posted Date:
Jan 08 2002
2nd house, 2nd time Ocwen bought our mortgage. Ocwen poorest managed ever!
Almost all of the situations written about have happened to us. These people are NASTY and supervisors will not return calls or answer their phones. DO NOT DO BUSINESS WITH THESE PEOPLE! I would pay a higher interest rate just to get with a bank of our choice. Even if you have a...
Entity
Categories: Banks
2411, Report:
#10948
Posted Date:
Jan 08 2002
Ocwen Federal Bank UnWanted--Not Requested Options got me in Temecula, CA
For the last several months, Ocwen has been adding ''OPTIONAL Insurance fee's to my mortage-payment--each time I would call--(which in it self is a task--just getting thru is an accomplishment) I would tell them I don't need nor do I want their OPTIONAL Ins.--Yet it remains on my ma...
Entity
Categories: Mortgage Companies
2412, Report:
#10942
Posted Date:
Jan 08 2002
Ocwen Federal Bank, Referral of a good DTP(Deceptive Trade Practice) Attorney
I too am involved with Ocwen and have encounted many of the same problems that are all listed.
I see people are looking to get involved in a Class Action Suit. I too am willing.
I know a wonderful and good attorney that if we all try to contact him, he may take the case. His n...
Entity
Categories: Mortgage Companies
2413, Report:
#10835
Posted Date:
Jan 07 2002
Ocwen Federal Bank Rip off - Harassment for payments received but not posted
I saw the reports from others and add my experiences to the list. Their behavior is so consistent that I think they may be postponing posting payments received (and deposited to their account) to maximize interest earned on the loans on their books.
If they would prefer not to...
Entity
Categories: Mortgage Companies
2414, Report:
#10769
Posted Date:
Jan 06 2002
Harrassment by Ocwen Bank Scam
January 6, 2002.
My loan is being serviced by Ocwen Bank as of Oct.1, 2001. Since that time I have received at least 2 phone calls a month asking for personal information such as the amount of my utility bills, social security number.
In addition, they call within the grace p...
Entity
Categories: Mortgage Companies
2415, Report:
#10804
Posted Date:
Jan 06 2002
Ocwen - Can you believe the rebuttal Ocwen sent me?!!!!
To make a bad situation worse, my complaint was responded to by an extremely illiterate agent of the company. If you want a good laugh, go read it! Only goes to show what kind of company we're dealing with!
Click here to read other Rip-off Reports on OCWEN Federal Bank Financia...
Entity
Categories: Mortgage Companies
2416, Report:
#10724
Posted Date:
Jan 05 2002
Ripped off payments - lies illegal fees - total mismanagement! OCWEN Federal Bank
Our loan was assumed 5/1/01 or 6/1/01 depending on whom you talk to at OCWEN.
When we got the address to mail our payments to - we were late with the June payment. They claimed because we never marked it for June they credited as the July payment.
OCWEN never told us they did...
Entity
Categories: Mortgage Companies
2417, Report:
#10637
Posted Date:
Jan 04 2002
Ocwen Financial - This is unacceptable business practice of ripping people off
Ocwen has taken over our mortgage and the nightmares are never ending. They have twice lost payments to our account, thus charging us with outragious late fees.
I just dont understand how a company can continue to do business in this matter. All payments that were Not Receiv...
Entity
Categories: Mortgage Companies
2418, Report:
#1029495
Posted Date:
Dec 29 2001
Ocwen Federal Bank Financial Services Rip Off years of agony fighting for our rights
We have recently been able to buy our home back from Ocwen after they bought it at an unannouced sheriff sale for 1/2 it's market value. We finally prevailed in superior court but have spent almost two years of agony fighting for our rights and our home. There needs to be a class ac...
Entity
Categories: Mortgage Companies
2419, Report:
#10081
Posted Date:
Dec 27 2001
Ocwen Federal Banks FSB Strikes Again!!!!!
Ocwen bought our mortgage in May,2001 and we have been harrassed and threatened every month since. We have all our canceled checks proving we have made all our payments on time but they continue to threaten us with forclosure. I retained a lawyer only to find out that because of a...
Entity
Categories: Banks
2420, Report:
#10000
Posted Date:
Dec 26 2001
Ocwen Federal Bank FSB RESPONDING TO THE INSURANCE ISSUE ORGANIZATION OF THIEVES Rip-off Thugs
I have sent a report once before, but I am in fear of OCWEN retaliating against me. This is CRAZY!!! I have not even told my whole story, because they seem to have the power to do ANYTHING they desire! I am petrified due to the fact that I am a single Mom just making it with 2 ki...
Entity
Categories: Mortgage Companies
2421, Report:
#9414
Posted Date:
Dec 24 2001
Ocwen FSB - Equity Advancer - SAME COMPANY should be closed!! Someone Help *REBUTTAL Ocwen Bank responds
I joined the equity advancer...i didnt know it was the same company...every other week the money was taken from our account but yet we received a letter saying they were foreclosing??
When i called they said they had not received a payment in three months! We then called that br...
Entity
Categories: Mortgage Companies
2422, Report:
#8915
Posted Date:
Dec 23 2001
Ocwen Federal Bank FSB harrassing me by not crediting account and threatending foreclosure
This bank has held the mortagage with a forebearance plan on my condo and over the years have sent me letters requesting financial information after I had already sent them.
I never receive communication from this bank other then phone calls at all times of the day and night--it ...
Entity
Categories: Mortgage Companies
2423, Report:
#9742
Posted Date:
Dec 20 2001
OCWEN FEDERAL SAVINGS BANK RIP-OFF THEIVES
I have been having alot of problems with Ocwen, I send out my mortgage payments 2 days before it is due. I get a call on a Sunday around 11 days later stating that my payment was never recieved. Well I call my bank to make sure, so that I can stop payment and issue another check....
Entity
Categories: Mortgage Companies
2424, Report:
#9560
Posted Date:
Dec 18 2001
OCWEN Bank ripoffs, This company definately knows how to take your money!
I just spent a great deal of time on the phone with two customer service representative with this company. I asked for a payoff quote and to be given the figure verbally so that I didn't have to wait 20 days to pay this loan off. What a hassle.
The first person took my info a...
Entity
Categories: Banks
2425, Report:
#9426
Posted Date:
Dec 17 2001
OCWEN BANK --- THEY CASH YOUR PAYMENTS ON PURPOSE (to make late charges)
Dear Ocwen Mortgagee's,
I Live on Long Island,(N.Y.) and somehow I ended up with Ocwen because they bought out Delta Funding. This is when the fun began, my wife and I mail our payments more than a week in advance and lately Ocwen says they never recieved them or recieved them af...
Entity
Categories: Mortgage Companies