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: 2183078

Date Received: 2016-10-27

Issue: Settlement process and costs

Subissue:

Consumer Complaint: Well I will start with my original loan amount was {$100000.00} now XXXX XXXX has my loan balance at almost {$150000.00} with their fees and such included which first issue is those fees should not have been add it to my account such as the sheriff 's fee and any fee associated with the home being in the Sheriff 's sale or foreclosed because a modification was pre-approved and then payments were made but XXXX XXXX forgot to cancel the sale and the home sold at the Foreclosure Sheriff 's auction I was unaware of this until 3 months into making my modification payments the sheriff came to my door and serve me papers telling me I had 5 days to vacate the property after days taken off of work and countless hours on the phone XXXX XXXX assured me they would have the same reversed but those fees were still added to my loan. Secondly the county assessor 's office which is XXXX County assessors shows that there was a sale to XXXX XXXX from myself for the {$0.00} amount and until recently the property was showing and XXXX XXXX 's name so when filing for my taxes it made it very challenging because they had not corrected the assessors information or the title filing for my property and it showed them as a homeowner it took me almost a year to get that corrected several phone calls to XXXX XXXX several phone calls to the county several emails until I got this matter resolved but that is the only thing that has been resolved. my modification payments agreed upon were {$680.00} I had that amount put into a separate account and those payments Auto drafted monthly from that account monthly pmts made with no problem for well over a year then in XX/XX/XXXX they attempted to pull {$300.00} more than what my original agreed XXXX.I contacted XXXX XXXX in regards to this and they explained to me it was due to my escrow being in the negative {$7000.00} I explained to them just a few weeks previous I received a check from XXXX XXXX because of an escrow analysis showing I have an overage now XXXX XXXX has my escrow in the XXXX just weeks later??? Previous to this increase in my modification payments only 2 months into my modification I received a eviction notice from XXXX XXXX XXXX stating my home was sold in the sheriff sale an absolute confusion and panic I contacted both XXXX XXXX and the county attorney that roll up the eviction to inquire as to why I have been making modification payments and my property what sold at the auction I was advised XXXX XXXX neglected to cancel or withdrawal the property in the sale which in turn call the XXXX County assessors to list XXXX XXXX as the property owner that issue took me countless emails phone calls to both County and XXXX XXXX to get corrected now a year later it is back in my name but still shows record of the sale to XXXX XXXX. During XX/XX/XXXX when they attempted to pull the {$300.00} additional in payments I did not deposit that amount of funds into that account so that payment was declined I contacted XXXX XXXX and quiring to the increase they advised me it was due to Escrow so I got a print out of the transaction history since 2013 and had countless unexplained escrow adjustments besides property taxes and homeowners insurance I have sense called many times spoke to many people sent many e-mails even faxed in letters requesting escrow to be reanalyzed due to huge discrepancies in the amounts and the fluctuation from a XXXX balance to a negative {$17000.00} balance to a {$2000.00} balance to a {$15000.00} balance and the fact that XXXX amounts in one year we 're paid for homeowners insurance which clearly is incorrect I have to this day still not received a response and explanation of Corrections and now they are requesting my payments to go up to almost {$900.00} instead of the XXXX agreed upon which has in turn cause my house payment to be delinquent again and when I paid bill pay over {$1800.00} it took 45 days for

Company Response:

State: OK

Zip: 73160

Submitted Via: Web

Date Sent: 2016-10-31

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: No


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Complaint ID: 2182602

Date Received: 2016-10-28

Issue: Loan modification,collection,foreclosure

Subissue:

Consumer Complaint: Ocwen Loan Servicing agreed to a deed in lieu of foreclosure aka cash for keys while I still reside at XXXX XXXX XXXX, XXXX FL XXXX for {$12000.00}. I have no money to move. The relationship manager for my case XXXX XXXX, failed to inform the Ocwen attorney about my approval for cash for key and my house was sold today at XXXX XXXX XXXX XXXX Court for {$38000.00}. Case number XXXX. Ocwen does not know how this happened and they are sorry, but not offering any resolution for me getting money to move. What happened to my cash for keys? I need help to move to a new house and Owcen sold my house. XXXX

Company Response:

State: FL

Zip: 32503

Submitted Via: Web

Date Sent: 2016-10-28

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: Yes


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Complaint ID: 2182489

Date Received: 2016-10-27

Issue: Loan servicing, payments, escrow account

Subissue:

Consumer Complaint: Our mortgage thru Ocwen matures XX/XX/2016, Loan # XXXX XXXX. I went to their website secured sign on and got a payoff quote valid thru XX/XX/2016. I then called Ocwen about how to submit payment as I bank with XXXX XXXX and that is also their bank. I could simply go on line to payoff loan. However, I was told it had to be paid either by certified funds via overnight mail or their preferred method by bank wire transfer. My wife then called Ocwen and was told the same thing. I went to XXXX XXXX to make wire transfer and my personal banker thought the wire transfer was inappropriate as both accounts were with XXXX XXXX. Her idea was a direct deposit from my account to Ocwen. She also called Ocwen and was told that was not acceptable, that only wire transfer or certified funds were allowed. So we submitted the wire transfer, which had a {$30.00} fee. She noticed an unusual entry upon doing the wire transfer and called her supervisor for clarification. Ocwen actually has a stop on allowing direct deposit transfers. My complaint is simply paying a wire fee is an unneeded expense and additional waste of time. I feel this an added burden imposed by mortgage companies. Ocwen also does n't accept emails, as I wanted to contact them about this problem. Finally, their customer service is apparently outsourced to XXXX and understanding their operators can be very difficult. Thank You : XXXX XXXX

Company Response:

State: CO

Zip: 81005

Submitted Via: Web

Date Sent: 2016-10-27

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: No


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Complaint ID: 2182357

Date Received: 2016-10-27

Issue: Settlement process and costs

Subissue:

Consumer Complaint: OCWEN purported having foreclosed on account number XXXX, property address XXXX XXXX XXXX, XXXX, California XXXX. XXXX and XXXX XXXX is with information that an payment were made to OCWEN by XXXX XXXX, attorney after the sale of the property at a trustee sale, however OCWEN has not confirmed the payment were received. Please confirm : 1 ) that a trustee sale were conducted by XXXX XXXX on behalf of the beneficiary OCWEN. 2 ) that a " pay off '' were made to OCWEN by XXXX XXXX satisfying the debt. Submit a letter stating a " pay off '' were made.

Company Response:

State: CA

Zip: XXXXX

Submitted Via: Web

Date Sent: 2016-10-27

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: Yes


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Complaint ID: 2181759

Date Received: 2016-10-27

Issue: Loan modification,collection,foreclosure

Subissue:

Consumer Complaint: I have a property I can no longer afford, I 've been working with my lender in trying to give back ( deed in lieu ) or short sale, at the same time I was served with papers in seeking a REM judgement against me for the property. I have no way to pay for an attorney to review my case & move forward. I 've been so stressed & confused due to the bombardment of request from my lender, I 'm not sure if they know what they 're doing, cause I 'm lost. note : we did have to file bankruptcy before on this property once before, discharged XXXX also, due to the mortgage crisis, Mortgage Settlement, we were not offered a loan modification after receiving a settlement check, not sure even if we were at that time.

Company Response:

State: KY

Zip: 411XX

Submitted Via: Web

Date Sent: 2016-10-27

Company Response to Consumer: Closed

Timely Response: Yes

Consumer Disputed: No


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Complaint ID: 2181348

Date Received: 2016-10-27

Issue: Loan servicing, payments, escrow account

Subissue:

Consumer Complaint: I paid my mortgage with a personal check to OCWEN on XXXX/XXXX/2016 for my mortgage. It took them 12 days to cash the check. The check was cashed on XXXX/XXXX/2016 and on XXXX/XXXX/2016 they send me a statement stating that I am past due. I am not past due. I called them today XXXX/XXXX/2016 and spoke to XXXX, relationship manager, and she confirmed I am not past due and she has NO IDEA why they sent me this notice dated 5 days after my payment stating I am past due. I would like to have a corrected mortgage statement. Someone is making errors at the bank on my mortgage.

Company Response:

State: IL

Zip: 60707

Submitted Via: Web

Date Sent: 2016-10-27

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: No


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Complaint ID: 2181086

Date Received: 2016-10-26

Issue: Loan servicing, payments, escrow account

Subissue:

Consumer Complaint: I filed for Chapter XXXX Bankruptcy on XXXX/XXXX/2016 at which time I requested affirmation paperwork from OCWEN my mortgage holder. The week after my filing, OCWEN stopped reporting my payment and reported my account was delinquent. My account has never been delinquent as shown in the attached documents from the OCWEN website. I file a complaint with XXXX and XXXX and OCWEN has refused to update my credit record to show that the account was current. On XXXX/XXXX/2016 OCWEN finally sent the affirmation paperwork to my lawyer, on XXXX/XXXX/16 I signed the affirmation paperwork and my lawyer submitted. Today XXXX/XXXX/2016 I was notified that XXXX that per OCWEN ( see attached ) that my account went delinquent on XXXX/XXXX/2016 and there has been no payments since then. I am asking for your help to get OCWEN to report my payments and account status accurately. ( never late and current )

Company Response:

State: NY

Zip: 14620

Submitted Via: Web

Date Sent: 2016-10-26

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: No


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Complaint ID: 2180799

Date Received: 2016-10-26

Issue: Settlement process and costs

Subissue:

Consumer Complaint: My mother-in-law is in the process of selling her house. In 1999, Option One Mortgage had erroneously discharged a loan that they had already assigned away to XXXX, acting as Trustee for XXXX XXXX. I have been attempting to get a new discharge for over a month so she can complete the sale of her property and have been unable to. XXXX claims that Ocwen services that loan for them and Ocwen claims they do not - both sides have been claiming the other is responsible for the loan for a month straight. I am sick of tired of this and my mother-in-law is unable to pay rent at her new apartment or pay the movers or afford regular expenses while this title issue is ongoing.

Company Response:

State: MA

Zip: 018XX

Submitted Via: Web

Date Sent: 2016-11-09

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: No


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Complaint ID: 2179527

Date Received: 2016-10-26

Issue: Loan modification,collection,foreclosure

Subissue:

Consumer Complaint: My name is XXXX XXXX XXXX, a United States Citizens, XXXX born, and I purchased a piece of real estate in XXXX, Florida on or about XXXX that is located at XXXX XXXX XXXX XXXX, XXXX, Florida, XXXX. The Subject Property is zoned Commercial and I spent over {$300000.00} in constructions, that including enlargement of the structure, the facade, the parking lot, the roof, counter top, a new kitchen to make it a XXXX. Upon completion, after exhausting all my personal financing, I still needed to buy equipment, such as stove, ovens, furniture, walk-in freezers etc. I offered the Property as collateral to Ocwen Mortgage Servicing who also did a wrap-around with my Personal Residence and offered me sub-prime financing in the amount of {$200000.00} on or about XXXX. The Market crashed and the XXXX did not performed sufficiently to pay the Mortgage. XXXX XXXX XXXX, the Investing Bank foreclosed on XXXX XXXX, XXXX and XXXX also an Investor for Ocwen Mortgage Servicing, purchased the Property on XXXX XXXX. THE PROPERTY WAS SEIZED AND SEALED- OFF ON XXXX XXXX TO PREVENT MY ACCESS AND I COULD NOT RETRIEVE PERSONAL, AND BUSINESS DOCUMENTATIONS. We provided buyers to Ocwen Mortgage Servicing to cure the Mortgage, and successfully negotiated the removal of my Primary Residence from the wrap-around so that I could sell it and cure the default. I paid Ocwen Mortgage Servicing a sum of over {$100000.00} and the property was sold by XXXX for {$170000.00} on XXXX XXXX to XXXX XXXX. Now comes Ocwen Mortgage Servicing and provided the Internal Revenue Service with a XXXX for {$200000.00} as a discharged debt in which the Internal Revenue Service is demanding a whopping {$62000.00} that includes {$52000.00} of earned income as a result of the discharge plus interest and penalties. I have on numerous occasions requested an historical profile of my payments, but to date Ocwen Loan Servicing have steadfastly refused. NO ONE OF THE PARTIES INVOLVED WILL PROVIDE ME WITH THE FILES I LEFT IN THE STORE SO THAT I CAN PROVE MY CASE WITH THE IRS!

Company Response:

State: FL

Zip: 32208

Submitted Via: Web

Date Sent: 2016-10-26

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: No


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Complaint ID: 2179336

Date Received: 2016-10-26

Issue: Loan servicing, payments, escrow account

Subissue:

Consumer Complaint: We have a XXXX and XXXX mortgage with Ocwen. The ARM changed in XXXX. I c kept calling to find out the new rate, but was never told the amount would increase an additional {$410.00} which is an amount now applied to principal. My husband took a new job where we are paid on the XXXX. We have a SS check that hits on the XXXX of the month. I called Ocwen to have our second mortgage gate changed to the XXXX. of the month, but was told that, they could not change the due date of our XXXX mortgage ; I would have to get a new mortgage. Our XXXX mortgage has been late five months in a row. Late charges keep adding on. What recourse do I have? Ocwen refuses to help me by changing the due date to the XXXX on our XXXX mortgage, which is at almost 15 % interest rate and only {$22.00} is applied to principle. I got caught in the XXXX scam. Account # XXXX Please let me know if you can advise or help me. Many thanks, XXXX XXXX

Company Response:

State: GA

Zip: 30265

Submitted Via: Web

Date Sent: 2016-10-26

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: No


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