Ocwen Bank Account Or Service Complaint

Other bank product/service Problems caused by my funds being low

Ocwen Bank account or service department,

Other bank product/service Problems caused by my funds being low Florida

This has do to with the purchase of a Short Sale '' Real Estate Contract. I submitted my offer to Ocwen Financial Corporation back in - 2015. The offer was reviewed and left to sit for a few weeks. I was asked to come back with a higher offer towards the end of - 2015 which I did on - -, 2015. I came up $5000.00 on my original offer and they came back a week later, the Owner asking if I would pay the Attorney fees of $2000.00 at the closing table I agreed to this. The Owner was good with this. I was told Ocwen would review and have an appraisal taken in the mean time. The Appraisal has not been taken as of today. I never received in writing these terms except for signing the document for the attorney 's fees. I have been told through the process I was the lead contract and - back


for sale. Ocwen has not been honest with their intentions of this property to anyone involved, they seem to have a hidden agenda in their favor. They are now asking the Seller to sign a release in order to take this step towards the Auction. They have a legitimate contract in front of them that they should address and follow through on. If I had known or it was disclosed legally like it should be according to the law I would never have submitted a Contract that was going to Auction especially on -. They now want me to pay the Auction Fees of 5 % of the total purchase price and a standard $290.00 plus closing fees if I win the auction. Between Mitigation Pros, the Attorney involved for the Seller, myself and the Seller we are absolutely livid with the ethics of Ocwen and taking such a direction. We all feel this is an illegal act with the lack of transparency on Ocwen 's part and should be addressed by your department. I know the other parties are going to submit a complaint also, it is from Mitigation Pros that I received your website link to express my frustrations. It is beyond belief that these kind of dishonest and unethical tactics continue after everything the American People have been through with the recession that the Financial Institutions were a large part of in the downturn. It is with great respect that I ask you to investigate this issue and make it right. It is for me and other Home Buyer 's wanting to be dealt with fairly and above board. It is expected of myself that I act honestly and with integrity and It should be for all involved.

Ocwen customer in Florida
Oct 01, 2015

* Source: CFPB Complaint Database

Ocwen response to complaint:
Closed

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Contact Ocwen

http://www.ocwen.com/
(561) 682-8000
http://www.ocwen.com/contact-us-business-developme
1661 Worthington Rd Ste 100
West Palm Beach FL 33409
Ocwen
Ocwen

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