Ocwen Mortgage Complaint

Ocwen Mortgage department,

Other mortgage Loan modification,collection,foreclosure Arizona

-/-/- We purchased a home. Our loan was sold to Ocwen which changed to a predatory negative amortization loan. The loan amount was $ -. On -/-/- We received a predatory loan modification from Ocwen. At time we were thrilled. We thought we can save our home. Under TILA and Dodd Frank Act this is considered a predatory mortgage and is in direct violation. This is not a Qualified mortgage. We live in a large Metropolitan area not in a rural or underserved area. The servicer, Ocwen did not take into consideration our ability to repay. Ocwen imposed upon us unfair and deceptive tactics that violate the Dodd Frank Consumer Protection Act 78 FR 6408. I will upload all documents for your review. On page -, # - - of the modification They have force placed insurance.Ocwen does not accurately disperse escrow funds. They charge excessive fees without any expolanation. What is scary is that even if I try to refy, as stated in the modification, Ocwen retains the right to foreclose on the property and change the terms of the balloon payment. This - -, I fell behind and asked for assistance. Ocwen gave us a forebearance plan. We have met every payment on time. We were required to pay down $3000.00 before even being considered for a repayment plan. I made my - payment on time. I revieved notice of that my foreclosure sale date scheduled on -/-/- was moved to -/-/-. I have tried to escalate my case. I was told by - - -, Senior Manager of the Trustee for - to file a complaint with the CFPB.gov. How could they put me in foreclosure when I have met every payment obligation?