Ocwen Mortgage Loans ruined our credit and caused default West Palm Beach Florida

What Every Loan Officer Wished Their Home Buyers Knew

Our mortgage by the way was New Century Mortgage. It was sold to Ocwen without our knowledge. The nightmares started. We paid one and a half payments and when the next month came we were due for two and a half payments. They added on all these late fees. They were trying to take our home anyway they could get us they did.

Ocwen, headquartered in west palm beach, Fla., is one of the nation’s largest nonbank mortgage servicers. As of Dec. 31, 2016, Ocwen serviced almost 1.4 million loans with an aggregate unpaid principal balance of $209 billion. It services loans for borrowers in all 50 states and the District of Columbia.

We are headquartered in West Palm Beach, Florida with offices located throughout the United States (U.S.) and in the United States Virgin Islands (USVI) and operations in India and the Philippines. Ocwen Financial Corporation is a Florida corporation organized in February 1988.

Our Home Equity Line of Credit ( HELOC ) account being serviced by Ocwen provided for interest-only payments for 10 years with the full balance due at maturity ( after 10 years ) on -/-/2015. I first contacted Ocwen in -/-/2015, before our HELOC was matured, to ask about loan modification.

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The law states that credit reporting agencies may not report a bankruptcy case on a person’s credit report after ten years from the date the bankruptcy case is filed. You may contact the Federal Trade Commission, Bureau of Consumer Protection, Education Division, Washington, D.C. 20580; their phone number is (202) 326-2222.

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Florida ocwen loan servicing, payments, escrow account complaint: Last week I sent a joint check myself and lein holder for approximately $1900000 insurance claim and other required documents as detailed below for roof replacement due to hail damage- 2015 though no current leaks

Case Update

Ocwen, headquartered in West Palm Beach, Fla., is one of the nation’s largest nonbank mortgage servicers. As of Dec. 31, 2016, Ocwen serviced almost 1.4 million loans with an aggregate unpaid principal balance of $209 billion. It services loans for borrowers in all 50 states and the District of Columbia.

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