Ocwen Mortgage Complaint

Conventional fixed mortgage Settlement process and costs

Ocwen Mortgage department,

Conventional fixed mortgage Settlement process and costs Florida

Ocwen did a refi with me in 2009 that was all to their benefit. After all was done their bate and switch refi put a significantly larger sum of money on the already under water loan and eventually pushed my interest rate up to 7.1 %. They have refused me for several years to do a regular refi at today 's current low interest rates and just recently I was called by a place called - - - promising to help me reduce the loan balance and interest rate with my Ocwen loan. - - told me that Ocwen had been sued by the U.S. government - ( I found this article online ) and they said that with their contacts they could help me. Well, yesterday I got Ocwen 's refi offer ( all - something pages of it ) The refi does not guarantee to lock in the low interest rate on the loan over the entire remaining time of the loan. It also says that they will additionally receive - % of


loan no less than $160000.00, plus all accrued interest on that amount for the past 20 years ( no disclosure of what that rate is ), all advancements made by the mortgage company and a - % inflationary and market appreciation in the value of the property yet again ... Now I 've already been struggling to pay on this ridiculous loan for the past ten years and I will not be swindled by them again, but I really wish there were some way to force this company to make actual proper equitable solutions without having to go into bankruptcy. Is n't it already enough for them that they make - to - times what was loaned out over 30 years? Obviously they are still trying to push people into foreclosure and ruin with their treachery and chicanery.

Ocwen customer in Florida
May 06, 2016

* Source: CFPB Complaint Database

Ocwen response to complaint:
Closed

Consumer disputes how Ocwen handled their complaint

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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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