OCWEN FINANCIAL CORPORATION


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"Products" offered by OCWEN FINANCIAL CORPORATION with at least one, but usually more complaints:

Bank account or service - (CD) Certificate of deposit
Bank account or service - Checking account
Bank account or service - Other bank product/service
Bank account or service - Savings account
Checking or savings account - Checking account
Checking or savings account - Other banking product or service
Consumer Loan - Installment loan
Consumer Loan - Personal line of credit
Consumer Loan - Title loan
Consumer Loan - Vehicle lease
Consumer Loan - Vehicle loan
Credit card -
Credit card or prepaid card - General-purpose credit card or charge card
Credit card or prepaid card - Government benefit card
Credit reporting -
Credit reporting or other personal consumer reports - Credit reporting
Credit reporting, credit repair services, or other personal consumer reports - Credit repair services
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting
Credit reporting, credit repair services, or other personal consumer reports - Other personal consumer report
Debt collection - Auto
Debt collection - Auto debt
Debt collection - Credit card
Debt collection - Credit card debt
Debt collection - Federal student loan debt
Debt collection - I do not know
Debt collection - Medical
Debt collection - Mortgage
Debt collection - Mortgage debt
Debt collection - Other (i.e. phone, health club, etc.)
Debt collection - Other debt
Debt collection - Private student loan debt
Debt or credit management - Mortgage modification or foreclosure avoid
Money transfer, virtual currency, or money service - Debt settlement
Money transfer, virtual currency, or money service - Domestic (US) money transfer
Money transfer, virtual currency, or money service - International money transfer
Money transfer, virtual currency, or money service - Money order
Money transfer, virtual currency, or money service - Refund anticipation check
Money transfers - Domestic (US) money transfer
Mortgage - Conventional adjustable mortgage (ARM)
Mortgage - Conventional fixed mortgage
Mortgage - Conventional home mortgage
Mortgage - FHA mortgage
Mortgage - Home equity loan or line of credit
Mortgage - Home equity loan or line of credit (HELOC)
Mortgage - Other mortgage
Mortgage - Other type of mortgage
Mortgage - Reverse mortgage
Mortgage - Second mortgage
Mortgage - USDA mortgage
Mortgage - VA mortgage
Other financial service - Refund anticipation check
Payday loan -
Payday loan, title loan, or personal loan - Installment loan
Payday loan, title loan, or personal loan - Personal line of credit
Student loan - Federal student loan servicing
Student loan - Non-federal student loan
Vehicle loan or lease - Loan

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Complaint ID: 2884715

Date Received: 2018-04-23

Issue: Applying for a mortgage or refinancing an existing mortgage

Subissue:

Consumer Complaint: We have a mortgage with Ocwen that matured XX/XX/XXXX. Ocwen notified us that we still had {$29000.00} of unpaid principal. We disagreed with that amount. Ocwen would not budge. We hired a firm called XXXXto handle an arbitration to either reduced that amount or the 10 % interest rate.This was XX/XX/XXXX. We paid {$2700.00} although we were told ito retain them was {$1700.00}. They assured us that they could take care of it before the maturity date. They didnt. And we were billed an additional {$500.00} twice. Now I cant get them on the phone. I have email, text, fax with no response. Can you help us. I dont know whether to file bankruptcy or go back to Ocwen. My husband is on XXXX, I have XXXX and XXXX and this need to be taken care of. I dont know what to do.

Company Response:

State: TX

Zip: 79934

Submitted Via: Web

Date Sent: 2018-04-23

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2884413

Date Received: 2018-04-23

Issue: Attempts to collect debt not owed

Subissue: Debt was already discharged in bankruptcy and is no longer owed

Consumer Complaint: Ocwen # XXXX was listed on my credit report ( last date reported ) XXXX, XXXX and should not have been due to foreclosure date of XX/XX/XXXX. After 7 years, Ocwen should not have reported this debt and should be removed from my credit report.

Company Response:

State: GA

Zip: 30058

Submitted Via: Web

Date Sent: 2018-04-23

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2884050

Date Received: 2018-04-22

Issue: Struggling to pay mortgage

Subissue:

Consumer Complaint: ocwen loan servicing is attempting to foreclose on my home with assignments that are clearly robo signed by well known robo signers. The assignments are fraudulent that were used to transfer the mortgage. The have refused to modified or restructure my loan. I also sent a QWR, and a debt validation letter. I am yet to receive a response. I have asked that the sale for XX/XX/2018 be stop until my concerns were address

Company Response:

State: GA

Zip: 30038

Submitted Via: Web

Date Sent: 2018-04-22

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2884047

Date Received: 2018-04-22

Issue: Problem with a credit reporting company's investigation into an existing problem

Subissue: Investigation took more than 30 days

Consumer Complaint: IN REGARDS TO: OCWEN LOAN SERVICING XXXX XXXX XXXX XXXX XXXX, XXXX XXXX XXXX, FL XXXX. I DISPUSTED THIS INACCURATE MORTGAGE ACCOUNT THATS REPORTING 30 DAYS AGO. I DISPUTED THIS ACCOUNT WITH THE CREDIT BUREAUS AND IT CAME BACK VERIFIED. NOW THIS REALLY HURT ME, ESPECIALLY AFTER I HAVE BEEN TO CIVIL COURT AND WON MY VERDICT AGAINST ALREADY FOR INACCURATELY REPORTING MY ACCOUNT WRONG. I'VE ASKED THEM TO SEND ME DOCUMENTS SHOWING THAT WHAT THEY ARE REPORTING TO THE BUREAUS IS ACCURATE. WHICH THEY INSTRUCTED TO TAKE THE MATTER UP WITH THE BUREAU IT'S NOT THEM. SO HERE I AM AGAIN GOING THROUGH THIS WHOLE DISPUTE PROCESS OF FINDING OUT WHO'S LIABLE FOR REPORTING INACCURATE INFORMATION. IF OCWEN LOAN SERVICING CAN NOT PROVIDE ME THIS INFORMATION OF WHY I HAVE A 30 DAY LATE PAY IN XX/XX/XXXX WHEN I HAVE NEVER BEEN LATE, AND WHY THEY ARE REPORTING INACCURATELY THAT THE LOAN IS BEING MODIFIED. THEN TO TOP THAT OFF IN MY COMMENT SECTION INACCURATE REPORTING OF A BALLON PAYMENT OF $XXXX DUE BY XX/XX/XXXX WHICH IS COMPLETELY FRIVOULOUS. IF THEY CAN NOT PROVIDE ME THIS INFORMATION, THEN THEY MUST REMOVE IT AT ONCE. I'M NOT ASKING FOR A BILLING STATEMENT EITHER, BUT PROOF. UNDER THE FEDERAL SERVICE ACT-REAL ESTATE SETTLEMENT PROCEDURES ACT 12 U.S.C 2605(e), I'VE REQUESTED A QUAILIFIED WRITTEN REQUEST AND RECEIVED NO ANSWER. DUE TO THIS I FEEL THAT OCWEN IS REPORTING THIS ACCOUNT TO THE CREDIT BUREAUS IS INACCURATE, SO PLEASE PROVIDE ME WITH THE FOLLOWING INFORMATION: 1) ALL TRANSACTIONS PERTAINING TO THIS ACCOUNT. 2) HISTORY OF ALL TRANSACTIONS PERTAINIING TO THE ESCROW OF THIS ACCOUNT. 3)ALL PROPERTY INSPECTIONS FEES. 4) ALL FEES PERTAINING TO THE ACQUISITION OF THIS LOAN. 5) DETAIL BREAK DOWN OF ALL PAYMENTS, INTEREST AND LATE FEES IF ANY ASSOCIATED WITH THIS ACCOUNT. 6) THE PAY OFF AMOUNT. IF THIS REPORTING INACCURATELY CONTINUES, I WILL HAVE NO OTHER CHOICE BUT TO CONSULT WITH A CONSUMER RIGHTS ATTORNEY REGARDING MY RIGHTS IN THIS MATTER, AND BASED ON MY RESEARCH OF THE FACTA ACT, AS A CONSUMER I HAVE THE LEGAL RIGHT TO DISPUTE ANY INACCURATE ACCOUNT DIRECTLY WITH THE LENDER/CREDITOR. I KNOW YOUR COMPANY WILL DO THE RIGHT THING, I HAVE ALL DOCUMENTATION AND I'M CAREFULLY TRACKING ALL CORRESPONDENCES. I WILL HOLD YOUR COMPANY RESPONSIBLE IF YOU FAIL TO PROVIDE ME WITH THE INFORMATION.

Company Response:

State: TX

Zip: XXXXX

Submitted Via: Web

Date Sent: 2018-04-22

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2883478

Date Received: 2018-04-22

Issue: Incorrect information on your report

Subissue: Account status incorrect

Consumer Complaint: XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX FL XXXX Even after I entered into a forbearance program in XX/XX/XXXX after being a victim of natural disaster ( Harvey ) in XXXX Texas, they are are reporting a late payment for me inXX/XX/XXXX ... they had specified no late payments were going to be reported. This had ruined my credit and I need this late payment to be removed and status to be current. On top of all this they stopped reporting my payments after they reported that late pay. So as of now XX/XX/XXXX, my payment history is inaccurate and they are not willing to correct it. I have called them numerous times, and they just say they will get with me but never do. Not only did they report a late pay that they were not supposed to but also have stopped reporting my payments after that.

Company Response:

State: TX

Zip: 770XX

Submitted Via: Web

Date Sent: 2018-04-25

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2883432

Date Received: 2018-04-23

Issue: Trouble during payment process

Subissue:

Consumer Complaint: XX/XX/XXXX To Whom It May Concern : We are assuming you can access all our submitted documents in the courts and banking systems in support of our complaint for your review and response, if not, please dont hesitate to let us know. Name, address and telephone number XXXX and XXXX XXXX XXXX XXXX XXXX, XXXX, CA XXXX XXXX 's Phone : ( XXXX ) XXXX XXXX Phone : ( XXXX ) XXXX Name and address of the bank involved in your complaint XXXX XXXX & its representative Ocwen Loan Servicing XXXX XXXX XXXX XXXX XXXX, XXXX XXXX XXXX, FL XXXX Phone : ( XXXX ) XXXX Mortgage Loan # XXXX Names of those you dealt with at the bank, including dates XXXX XXXX Other Details Attached A detailed description of your complaint. Attached are legal briefs and summaries describing how XXXX XXXX and, its representative, Ocwen Loan Servicing has illegally foreclosed on our income producing property when we were current on our loan and without any notice. To date, we have NOT received any reprieve through the legal system because of what we deem as corruption. SUMMARY OF ISSUES : 1. How can XXXX XXXX, Ocwen, et al. and their representative, XXXX XXXX accept our late payment of XX/XX/XXXX online and keep that XX/XX/XXXX payment and then Foreclose on our Property without notice? a. When we paid with a manual check for the XX/XX/XXXX because the online system was blocked, XXXX XXXX, Ocwen et.al ONLY returned the XX/XX/XXXX payment. XXXX XXXX Ocwen, et al. suspense account shows the SAME SUSPENSE BALANCE after the appliedXX/XX/XXXX payment. XXXX XXXX, Ocwen, et al. claimed they were supposedly reviewing newly submitted loan documents for a reinstatement of the loan, or another forbearance modification which never occurred. b. The crux of XXXX XXXX, Ocwen, et al. case was they returned the XX/XX/XXXX payment and that we were late but they NEVER returned our paymentdoing simple math, the Suspense Account Balance NEVER changed after the XX/XX/XXXX. XXXX XXXX, Ocwen, et al. ONLY retuned the XX/XX/XXXX payment, as the Suspense Balance illustrates. c. There are laws and cases where banks are prohibited from foreclosure when new loan applications and documents are being evaluated to modify or reinstate loans. However, apparently, it is acceptable for XXXX XXXX and their representatives do as they wish with absolutely no recourse. 2. How can XXXX XXXX, Ocwen, et al. enter into a forbearance agreement with us and our company, while simultaneously maintaining a Notice of Default, when its against the law? a. Learned that XXXX XXXX, Ocwen, et al. were simultaneously doing the evaluation for another modification while keeping the Notice of Default alive. 3. How can XXXX XXXX, Ocwen, et al. collect our payments over the course of eight ( 8 ) months, though sometimes late but ACCEPTED, during the worse economic downturn since the XX/XX/XXXX, then foreclose on our property? 4. How can XXXX XXXX, Ocwen, et al. foreclose on our property without ANY notice, legal or otherwise? a. Without due process. b. XXXX XXXX, Ocwen, et al. ACCEPTED payments over the course of eight ( 8 ) months, though some payments were made late, they were ALWAYS ACCEPTED. c. XXXX XXXX, Ocwen, et al. did NOT return the XX/XX/XXXX payment. d. XXXX XXXX, Ocwen, et al. simultaneously maintained the NOTICE OF DEFAULT though we had entered into a forbearance agreement. If we have contacted the wrong department for our complaint please let us know in your response. Or kindly forward our letter to the correct department. Yours sincerely, XXXX XXXX and XXXX XXXX

Company Response:

State: CA

Zip: XXXXX

Submitted Via: Web

Date Sent: 2018-04-30

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2883390

Date Received: 2018-04-23

Issue: Struggling to pay mortgage

Subissue:

Consumer Complaint: Hi Dear CFBP Team, My name is XXXX XXXX. Recently I got affected due to the natural disaster in Florida and you help me getting a plan with Ocwen to pay the amount of {$1900.00} for a period of 6 months ( XX/XX/XXXX XX/XX/XXXX ). I recently sent a payment and Ocwen voided. So I called Ocwen today XX/XX/XXXX ( XXXX / agent XXXX ) and they said that because I was 48 days behind they proceed to cancel the plan and now they are requesting me to pay the 6 months all at once. I asked them why they did not informed me any of this and they said that the plan closed automatically and that they do not inform about this. So, I asked them to reopen the plan they said they can not and that I have to pay 6 regular months to put my house up to date. Obviously they are aware of my situation and there is no intention to help me. It is true I was behind few days but I sent the payment and they rejected. I really appreciate your help to this matter. Kind regards, XXXX XXXX Ocwen Acct # XXXX

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: FL

Zip: 33331

Submitted Via: Web

Date Sent: 2018-04-23

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2883098

Date Received: 2018-04-22

Issue: Threatened to contact someone or share information improperly

Subissue: Talked to a third-party about your debt

Consumer Complaint: Ocwen Loan violated my right to privacy. Despite giving them instructions not to discuss my account with anyone when I was late in paying in XX/XX/2018 they sent a delinquent notice of default to my tenants. My tenant caslled asking if I was going through financial difficulties. It was embrassing and a violation. My older son is going through a medical situation I am him with financially.

Company Response:

State: TX

Zip: XXXXX

Submitted Via: Web

Date Sent: 2018-04-22

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2882488

Date Received: 2018-04-20

Issue: Struggling to pay mortgage

Subissue:

Consumer Complaint: My residence is in XXXX Maryland. I purchased in XXXX and my lien holders have been XXXX Bank, XXXX, XXXX XXXX, current lien holder is OCWEN Loan Servicing, LLC and now, handing over my title to XXXX. I lost my job in XXXX due to an auto accident and since that time I received short-term disability assistance payments from the insurers/my policy ( through them ) ; then they denied my permanent disability coverage. After receiving disability award from XXXX, I have been trying to modify my loan with this company to no avail ; in XXXX there was an attempt to forclose, but that was dismissed. Since that time I have been on OCWEN 's trial modification since XX/XX/XXXX through now. I received a letter on XX/XX/XXXX that my account was in default. I called for an explanation. On XX/XX/XXXX I received an escrow disbursement check from OCWEN. On XX/XX/XXXX I received a notice of intent to foreclose and an instructions for appeal, deed-in-lieu, and lastly short-sale. I have as of this date informed OCWEN by phone and letter of my request of appeal. I am in need of further assistance to maintain my home. I am a disabled independent.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: MD

Zip: 21214

Submitted Via: Web

Date Sent: 2018-04-20

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2882273

Date Received: 2018-04-20

Issue: Trouble during payment process

Subissue:

Consumer Complaint: I noticed recently that the principal payments are not getting properly distributed to my mortgage balance. I closed on my condo on XX/XX/XXXX. XXXX XXXX had this mortgage before they sold it to Ocwen Financial in XX/XX/XXXX. On XX/XX/XXXX I noticed the mortgage balance is incorrect and called them. I was on the phone over 2 hours and spoke with a manager specialist regarding this case. The current balance on my mortgage that Ocwen has is {$150000.00}. The original balance Ocwen has is {$190000.00}. I asked for a amortization report for the history of the loan and they said they can't provide this b/c they don't provide on fixed loans. They don't have any of XXXX XXXX records either when loan was transferred. The original loan amount actual real numbers are {$170000.00}, which I have proof of all these numbers and original docs. I refinanced pulling $ XXXX out, which changed the balance to {$180000.00}. The balance was never {$190000.00}. The records online only go back 3 years. I saw that {$430.00} per month is going to principal. When Ocwen acquired the loan, they said the balance was {$190000.00}, which is impossible considering I paid my mortgage for 6 years and no principal was applied. They will not supply records. My mortgage balance should be {$120000.00}. Ocwen will not show me the amortization, or any documents that were transferred to them when they acquired the loan. This is in clear violation and the correct balance needs to be updated. It's not possible to pay a mortgage for 6 years and have no amount that goes to principal. This has always been a 30 year fixed mortgage. Ocwen is under investigation, and has been for some time for providing fake financial records, among many other things. This is a very stressful matter, and hope to get solved soon. Thanks

Company Response:

State: NJ

Zip: 07302

Submitted Via: Web

Date Sent: 2018-04-20

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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