Complaint Review: Ocwen Loan Servicing Company - Orlando Florida
- Ocwen Loan Servicing Company Orlando, Florida U.S.A.
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- Category: Mortgage Companies
Ocwen Loan Servicing Company offered forbearance to resolve difficult arm loan and filed foreclosure default the next day Orlando Florida
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In 2006, I purchased a home in California. Shorly afterwards, my loan was taken over by Ocwen. It was an adjustable rate loan set to increase after two years. Once the loan was about to go up, I found that refinancing was very difficult due to a drastic drop in home values in this area.
I began to fall behind in my payments and Ocwen offered a loan modification and forebearance option which I agree to accept. Ocwen required a cash amount of $2400 be sent via Western Union on Oct 23rd to reset my loan back to a current status and eliminate any possibility of a pending default being filed(according to them). After wiring the 2400 dollars on October 23rd, Ocwen in fact filed the foreclosure default the very next morning October 24th. They havent returned the money and they ordered the house to be auctioned off. I am facing having to live without a home for a very long time with ruined credit and very soon a sheriff will be dispatched to my house to enforce the fraud which I believe Ocwen has committed against me. I have filed a report with the department of corporations and Ocwen responds with irrelevant information with no bearing on the problem.
If anything can be done to help me, please contact me.
Robert
turlock, California
U.S.A.
This report was posted on Ripoff Report on 08/21/2008 10:01 PM and is a permanent record located here: https://www.ripoffreport.com/reports/ocwen-loan-servicing-company/orlando-florida/ocwen-loan-servicing-company-offered-forbearance-to-resolve-difficult-arm-loan-and-filed-f-365627. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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