Ocwen Federal Bank, Ocwen Loan Serviving, Wells Fargo Bank Ocwen and Wells Fargo has ruined many lives and will continue to do so unless someone stops them. Orlando Florida

This company has ruined many, many lives. Our mortage was sold to Ocwen who is owned by Wells Fargo. Our only communication with them is by phone, since there are no offices for anyone to visit.

It all started with a late payment fee of $13.00 and turned in $10,000.00 in late fees, legal/collection expenses, property valuation expenses, property inspection expenses. ( what is a property valuation or inspection expense anyway. no one can tell us, they don't know ) Oh, and also $12.95 a month for insurance. This was something that was tacked on a year or 2 after the original mortqage payments began. It took 5 years to get it stopped. By the way it was for flood insurance that we didn't even need. And there were payments that were not posted on the date they were recieved, even when we sent the payment through Western Union.

They started foreclosure preceedings. Anyway, after all of the expenses that we never could get caught up on, we had to file for bankruptcy. And that was a nightmare. We would make a payment and they would send us a statement saying we did not owe a payment for the next month. I kept all the statements and notes on all of the people I spoke with. They were actually trying to tell us that because the bankruptcy trustee was sending payments that we didn't need to make payments. This cost us another $6000.00 in fees. So now they don't send us any statements telling us how and where our money goes.

These people are crooks. They don't care about anything but getting your property. They were already trying to sell our property before they started foreclosure preceedings. We actually had people riding by and looking at our property.

The worst thing is they way they wreck your credit, no one will even consider a new mortgage, thats why they do it. You are trapped and they have you by the -----!

Mark
South of the Border, South Carolina
U.S.A.