Ocwen Mortgage Complaint

FHA mortgage Settlement process and costs

Ocwen Mortgage department,

FHA mortgage Settlement process and costs Florida

I submitted a loan modification package # - for which I received a forbearance agreement in writing from Ocwen on -/-/- - exhibits attached Ocwen cashed my first check on -/-/- for $240.00 and according to their letter they stated that " if we do not receive your payment on -/-/- this offer will be considered revoked, what becomes of the written agreement since Ocwen returned all my other checks and stated that no alternative payment arrangements was agreed to? What becomes of my $240.00 that was cashed and since it was cashed does this not mean that there was a binding agreement? And since Ocwen returned all my other checks do that mean that Ocwen breached the agreement and I became responsible for the full loan amount?

Ocwen customer in Florida
May 12, 2016

* Source: CFPB Complaint Database

Ocwen response to complaint:
Closed with explanation

Created with Highcharts 4.2.3OcwenComplaint HistoryComplaints12/20111/20122/20123/20124/20125/20126/20127/20128/20129/201210/201211/201212/20121/20132/20133/20134/20135/20136/20137/20138/20139/201310/201311/201312/20131/20142/20143/20144/20145/20146/20147/20148/20149/201410/201411/201412/20141/20152/20153/20154/20155/20156/20157/20158/20159/201510/201511/201512/20152/20163/20164/20165/201612/2016051015202530Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3OcwenSettlement process and costs5.5%85.7%0.3%1.9%0.9%5.0%0.7%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageSettlement process and costs0.4%6.3%5.3%1.1%2.8%6.4%76.1%1.5%Untimely responseClosed with non-monetary reliefClosed without reliefClosed with reliefClosedClosed with monetary reliefClosed with explanationIn progressSource: Consumer Financial Protection Bureau

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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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