Ocwen Reviews

If this is what Ocwen does I sure can't tell. My loan was also sold to Ocwen from Litton Loan. Litton was not easy to deal with but they were a heck of a lot better than Ocwen. They have been claiming to help us with a mod and we received a denial letter today. According to the letter we were turned down because the income guidelines were not high enough. I called customer service and they are sending another pakage out so they can see if we qualify for an inhouse mod. I am so not feeling hopeful right about now. What does one do?? Both my husband and i lost our jobs and we are back at work now and we just can't get these people to help us. Does anyone have an email address for anyone that has some pull and can at least try to help us for godsake? I'm sweating bullets at this point. Does anyone have a success story about Ocwen? Do they approve anyone? Do they even wnat to help us?

I'm so frustrated with OCWEN!!! I'm so scared to lose my home, I'm behind and working on a mod with them or so I think I am. Half the time we go in circles. I have to ask them to repeat themselves over

Just received the settlement check in the mail for $56.00. Was supposed to received at a minimum around $300. Anyone else get ripped up in the settlement amount? I'm contacting the administrator of the settlement action.

If u search ocwen settlement u find out on Nov.15th 2011 they just made a deal with chase to buy more loans....y r they permitted to do that with an outstanding settlement they haven't pages???? Outrageous

I wish we had been warned and could get this out to everybody including the Judge who ruled in the class-action lawsuit, as it's still continuing today "now". They just get their hands slapped and no information on when they are even going to pay. And, still continuing to ruin lives.

They ruined our lives and credit. I feel as we are settling,but to pay for another attorney would be pointless for myself. They put us thru hell, and we did get a letter for over charge fees, but it seems as we should of received a notification for more. We lost our home and our story is the same as everybody that has posted. I feel sorry for everyone and the injustice that they are still in business. Anyone knows when they are paying? or where to look? No updates.
OCWEN RUINED US

Any news on when the settlement is going to be paid out? Shouldn't they have a new update on the ocwensettlement website? So frustrating...

Does anyone know when the judge may decide on the class action lawsuit. I'm baffled as to how long this is taking. Our loan was paid off in '08, but I was a basketcase by the time they were done with us. Literally. I was even scared to answer my phone. Not only should people sue them based on their illegal business practices, they should get damages because of what they do to you emotionally. They should all be brought up on charges, every single on of them. They would refuse payments, they'd out and out lie, they gave a wrong payoff amount and when we pointed it out, they didn't even send the right refund back. PLUS, after establishing a "modification", we paid for two solid years paying the amount they told us to pay (which was almost double the original amount) only to find out they had reported us that entire time as continually 30 days late, which screwed our credit completely up. Do we have any recourse on that? I'm not sure. All I know is that I thank the good Lord every day that we were able to pay them off. Otherwise, I'm sure they would've kept on until they got our home. They are the lowest of the low - ridiculous. I hate them. How do we know how much we stand to get from this settlement? They forced placed insurance on us several times, AND assessed ungodly fees and late charges - how can they even calculate that as many people as they've done this to? Feel free to contact me at mgk67@live.com

This company is AWFUL!!! I have been dealing with them for 4 years now and I have nothing but problem after problem with them! Every time I call I get a different story about the same things. The one and only time I ever talked to an American was after I was on the phone being transferred about 100 times! And the American guy was nothing but rude!

I tried to get a loan modification 3 TIMES!! That's well over a year of writing, faxing, and calling (all of which I had to do, they will never attempt to contact you no matter what) with no success. the first time they told me we didn't make enough money for a loan mod! WHAT?!?! The second time they told me we make too much money for a loan mod! WHAT?!? The third time they "lost" every piece of information I had sent them! WHAT!?! And keep in mind, when they say it will take 90 days to review a loan modification, they are not kidding, they will use the entire 90 days and then some!

Recently I made a large payment to my loan, I called (because I know how careless they are) twice and had them put a note on the account TWICE that I was making the payment and that I wanted EVERY PENNY to be applied to principle ONLY! Of course I receive my statement and they paid 3 months of advances!! Only a portion of my money was put to principle! And note that the interest rate is high on this loan, so 90% of those advances went to this jacked-up company! I have NEVER ever been late on a payment and I had NO outstanding fees. Is this even legal!?!?!

I had NO control over my mortgage being sold to this awful company!! I can't wait to refinance my mortgage and NEVER ever deal with them again!!

i AM A VERY BUSY PERSON! SO YOU KNOW THIS HAD TO BE IMPORTANT FOR ME TO TAKE THE TIME TO WRITE THIS.OCWEN IS THE WORST AND MOST DANGEROUS COMPANY I HAD EVER DID BUSINESS WITH "BY FORCE NOT BY CHOICE". MY MORTAGE LOAN COMPANY HOMEQ WAS BOUGHT BY OCWEN IN JULY OF 2010. THAT IS WHEN MY DELEMA BEGIN. FIRST THE PAID MY TAXES, WHATS WRONG WITH THAT? I DON'T HAVE AN ESCROW ACCOUNT WITH THEM. THEN I DIDNT GET AN INTREST STATEMENT AND THEN I SIGN UP FOR AUTOMATIC WITHDRAWL. THE WITHDRAWL DATE WAS THE 15TH AND BY THE 18TH THEY STILL HAD NOT TAKEN MY MORTAGE OUT OF MY CHECKING ACCOUNT. I AM SO FEED UP WITH THIS COMPANY THEY ARE RUDE AND HAVE NO BUSINESS EDICATE WHAT SO EVER. AFTER THEY PAID MY TAXES THEY SENT ME A THREATING LETTER SAYING IF I DIDNT DO A LOAN REMODIFACATION TO PAY BACK THE $1019.00 THEY WOULD FORCLOSE ON MY HOUSE. THANK GOD I'm knowledgable IN THIS AREA AND THEY COULD NOT GET OVER ON ME. THE ONLY THING THEY CAN DO IS ASKED NOT TELL ME TO PAY THE MONEY BACK OR THEY CAN AJUST MY MORTGAGE FOR IT. SO PEOPLE PLEASE BEWARE!!!! READ AND ASK PEOPLE WHO YOU KNOW THAT KNOW MORE THAN YOU DO BEFORE YOU END UP HOMELESS.

Oh...and further more I am searching online to see if this is legal and if necessary will be contacting an attorney if this is not resolved once I get all the money together.