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: 3185152

Date Received: 2019-03-20

Issue: Incorrect information on your report

Subissue: Account status incorrect

Consumer Complaint: I filed 2 disputes with XXXX XXXX XXXX in XX/XX/XXXX regarding the status of a mortgage serviced by Ocwen Loan Servicing, LLC Both times I provided information that clearly shows the loan was paid in full. Ocwen refuses to change the status to paid. They currently have the status as being under a Chapter XXXX Bankruptcy. The property was sold and the loan paid off on XX/XX/XXXX in the amount of {$73000.00}. The Bankruptcy was filed after that date.

Company Response:

State: CA

Zip: 900XX

Submitted Via: Web

Date Sent: 2019-03-20

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3183935

Date Received: 2019-03-19

Issue: Struggling to pay mortgage

Subissue:

Consumer Complaint: I just read your article and not sure if you can help me. My home is in foreclosure ( Mortgage company is Ocwen, XXXX ). The sheriff sale is set for XX/XX/XXXX, I have a buyer and set to close on XX/XX/XXXX, but not sure if thats going to happen. Ocwen - XXXX has the contract on the house. Here is the kicker in XX/XX/XXXX I applied for a modification in XX/XX/XXXX I was told I got the modification and they would send out a package for me to sign and notarized which I did and sent it back express mail. I then received another package telling me the 1st one was wrong and they were sending me a new package to sign and send back which I did. Received a third package to sign and notarized, because they screwed up again which i did. About a month later we're talking XXXX I received a phone call stating my modification was turned down because i was late in getting the paperwork back which i told them no way. So about 3 weeks after that l get a phone telling me the modification was accepted which it was and XXXX was knocked off my loan which I wouldnt have to pay back which appeared in XX/XX/XXXX. Fast forward to XX/XX/XXXX still trying to get my life ontrack I was told to apply for another modification which I did probably XX/XX/XXXX. XX/XX/XXXX I was rejected telling me it hasnt been 2 years and I cant reapply. So I put my house up for sale its in contract and now the title company tells me theres a XXXX mortgage from XX/XX/XXXX and i said it must be my modification, but that was XX/XX/XXXX and I was told no XX/XX/XXXX. I call XXXX and told them which the girl XXXX said OMG Ocwen XXXX up another account she had me on the phone investigating and finally got back with me and said its going to take longer and she will get back with me which i never heard from her. My thing is why did hud put a lien on my house in XX/XX/XXXX, but it didn't show up in my account until XX/XX/XXXX So now I might be homeless because of ocwen saying it was 2 years before i got the last modification which i find out is wrong now. So just what the XXXX is going on XXXX keeps telling me they don't want me to leave. XX/XX/XXXX - The day I filed a complaint with the Attorney General office in Ohio and talk to the Consumer Finance Protection Dept I did call Ocwen-XXXX and the first thing they told me I had a loan with them and with HUD and did I need Huds number which I didn't. I found this very odd thats the first time they ever told me about my Hud loan. Really odd since the week before I was told by XXXX at XXXX " OMG Ocwen XXXX up another they've done that to other loans ''. XXXX did tell me she would get back with me and that never happened. All I want is to push the sherriff sale back a month so I can close on the loan and everyone gets there money including hud. The man I talked to at Ocwen- XXXX told me he doesn't see why Ocwen-XXXX wouldn't, but still they haven't changed the date. Thank you XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX, Ohio. XXXX Phone XXXX

Company Response:

State: OH

Zip: 43223

Submitted Via: Web

Date Sent: 2019-03-19

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3183703

Date Received: 2019-03-19

Issue: Struggling to pay mortgage

Subissue:

Consumer Complaint: My mortgage company is Ocwen. I have had an ongoing dispute with them for over a year and since my mortgage amount was being disputed by me they refused to accept my payments unless I agreed Ocwen was correct. I filed a complaint with CFPB and XXXX XXXX 's XXXX. Ocwen finally responded to me, CFPB and the XXXX 's XXXX. Their response has generated a new issue and this is why I'm making a new complaint. Ocwen is treating my mortgage as if were a negative amortization loan. My home has never had a neg am loan. Furthermore, their response stated that this loan had an interest only feature. It does not. It is a fully-amortized loan. They are calculating the balance of my loan and my monthly mortgage payment as if it were a neg am. They refuse to admit my mortgage is not a neg am and still refuse to accept my mortgage payments because I will not agree to this. As a result, I'm hiring an attorney to resolve this issue.

Company Response:

State: CA

Zip: 91724

Submitted Via: Web

Date Sent: 2019-03-19

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3183183

Date Received: 2019-03-18

Issue: Struggling to pay mortgage

Subissue:

Consumer Complaint: In XXXX, my wife and I went to a Realtor named XXXX XXXX in XXXX Ca., they told us we were getting a loan agreement with a fixed interest rate, it ended up being an ARM, it is still going up today, this was and is a XXXX loan through XXXX XXXX {$1500.00} to {$2600.00} today. My wife died in XXXX and then the recession hit in XXXX. I need a new loan with fixed interest rate. Ocwen has my loan now. Additionally there is a balloon payment of {$94000.00} due on XXXX.

Company Response:

State: CA

Zip: 95757

Submitted Via: Web

Date Sent: 2019-03-18

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3182260

Date Received: 2019-03-17

Issue: Trouble during payment process

Subissue:

Consumer Complaint: On XX/XX/2017, Ocwen Loan Servicing commenced an action in Supreme Court, XXXX XXXX, NY, re-opening a Voluntary Discontinuance filed by XXXX XXXX XXXX XXXX XXXX, ( XXXX ). But the plaintiff in this new action, Index # XXXX, is listed as XXXX, not Ocwen. Did Ocwen file the Complaint or did XXXX file it? Answers to this question are requested of both parties.

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

State: NY

Zip: 127XX

Submitted Via: Web

Date Sent: 2019-03-17

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3180667

Date Received: 2019-03-15

Issue: Trouble during payment process

Subissue:

Consumer Complaint: Our house had smoke damage to the dwelling and fire damage to landscaping and fence related to the XXXX fire on XX/XX/2018. My insurance company made checks for XXXX payable to myself and OCWEN for the repairs. OCWEN has been holding on to the funds and has very intentionally slow walking the process of getting funds so we can make repairs and refund for the repairs we already made. My wife has XXXX and she is being physically harm by their systematic intentional delays as she has to choose to live in our house or incur extra cost for alternative living location. We have already drain our life saving to make the repairs we have already made. I have had to pause the repair while we wait for OCWEN to release my fund that they are holding. We had an inspection on XX/XX/XXXX for the property hire by OCWEN. the inspector says we are easy more than 50 % done with the repairs. The OCWEN rep says they are having known system issue in obtaining the inspections report. In the mean time we are greatly suffering from the intentional delays.

Company Response:

State: CA

Zip: 93065

Submitted Via: Web

Date Sent: 2019-03-15

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3180099

Date Received: 2019-03-14

Issue: Struggling to pay mortgage

Subissue:

Consumer Complaint: My house was in foreclosure with OCWEN FILE # XXXX After many months of negotiating we were unable to come up with a solution to save my home. The bank was not helpful ; at all. They proceeded to foreclosure. I was assured in writing by Ocwen that i would not be responsible for any deficiencies and I would not receive a XXXX, I did not agree for the bank to cancel the debt. However, they forwarded me a XXXX for {$83000.00}. The bank essentially fraudulently caused me to foreclose. I want the XXXX rescinded and i am seeking reimbursement for the inconvenience this has caused me.

Company Response:

State: NY

Zip: 11510

Submitted Via: Web

Date Sent: 2019-03-14

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3179672

Date Received: 2019-03-14

Issue: Trouble during payment process

Subissue:

Consumer Complaint: In, I believe XX/XX/XXXXor XX/XX/XXXX, Ocwen was contacted by XXXX XXXX with the details of my new insurance policy with a request to pay from escrow. A month later, I get a call from XXXX XXXX telling me it's not being paid. I call Ocwen ( who has admitted having phone records with XXXX XXXX ) and I'm told that I have to request in writing. After explaining my health issues that made it nearly impossible to type or focus on my computer, the ( Ocwen ) agent said she could take care of it right away. Here we are in XX/XX/XXXX and I find that Ocwen has placed Lender Placed Insurance ( LPI ) without my permission OR any notice. This happened once before and I received certified mail with a reasonable time frame. I'm FED UP with this company REFUSING to cooperate. I received a letter ( now gone ) last time this happened that stated : If you can not afford insurance, Ocwen can pay insurance out of escrow. We can even reinstate your policy if cancelled. Ocwen is ripping me off with insurance over XXXX times what I was paying before THEY XXXX XXXX. I NEED this rectified before next months mortgage payment or I won't be able to pay. I'm only asking Ocwen to follow through. Seems easy if they gave a XXXX!!! My name is not on this loan. It should be ONLY the Estate of XXXX XXXX XXXX, for which I'm the sole responsible party.

Company Response:

State: NM

Zip: 88011

Submitted Via: Web

Date Sent: 2019-03-14

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3179640

Date Received: 2019-03-14

Issue: Trouble during payment process

Subissue:

Consumer Complaint: I am submitting an additional document for the previous complaint : XXXX. These documents are letters from Ocwen loan # XXXX, stating that the loan is paid in full. The letter is dated, XX/XX/2019, the date I wired the payoff amount to Ocwen. As I stated in my previous complaint, after I paid off the loan, I received a letter stating, Oops! we made a mistake you actually owe us an additional {$7000.00}. Please add this document to the previous documents I submitted.

Company Response:

State: CA

Zip: 908XX

Submitted Via: Web

Date Sent: 2019-03-14

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3178819

Date Received: 2019-03-13

Issue: Applying for a mortgage or refinancing an existing mortgage

Subissue:

Consumer Complaint: This process has taken over 6 months. During that time were shuffled to 7 different loan officers. Each time a new person came on, we needed to resend, repeat information etc. On initial query with ocwen to refinance to get a better rate, we were never told homeward residental was a division of Ocwen. We found this information out because we were trying to reach some one regarding an issue. We though this was deceptive. Everytime a tentative closing date was given communication would be halted for weeks, we would leave message and they would send more document to be signed. These documents contained errors, we tried to correct them and were told it would be correct at closing. Now two weeks before closing we are told the company has changed names again, its now XXXX XXXX.Again another loan officer, takes over. During this period of over six months we had to produce IRS statements, tax returns, credit card bills which were minimal each time they needed something new. Charges relating to office charges they wanted XXXX balances. Now they want our business lease payments ( we do not have a lease and this payment info is on business tax statement but they want 12 cancelled checks as proof. This was just asked this week. We were told our debt ratio was good, we had assets to cover loan and closing was eminent by the last loan officer. We refused to give them the copy of rent checks,, we told them that info was on our tax info they have, so they denied the loan. Excuse now denied due to excessive obligations.It seemed they were looking for reason to deny the refinance. Each time we got close the underwriter needed something else. For a XXXX dollar refinance the amount of things need was excessive.I feel were we being bullied by this company. We were told we needed XXXX credit balances and this was during XXXX and half of the cards were used for business purposes and were paid off in full every month and the personal cards were paid off in full each month also. I felt like my credit cards were being held hostage.We felt harassed the whole time and were treated like children not adults 30 years in business. Everytime my credit was accessed, I had to file a need for my reports because I was getting info things were being opened in my name without my authorizing new cards, etc. I have the names of persons handling this process, if needed. We feel these practices are not standard in the industry and we were unjustly harassed. The last loan officer was surprised at the amount BS paperwork that was asked for and was taken back that the underwriter and supervisor refused to work with us and would not budge on the rent check for our office. We paid for an appraisal, that was useless and a second one was needed due to their screwing around ( no charge on second one ). We had two separate closing dates and told we were good to go. Because of the length of time involved we needed to fill out all forms again and got another rate. As a small business owner I feel we were put through unnecessary hoops for a XXXX dollar refinance. Our credit score are fabulous. Debt ratio was good, because I rectified this. We even gave info on our assets, mutual account to show we had additional income. It seemed that no one knew there job and what was needed to get this done. All we had were excuses and delays! Again over 6 months for this process, why? along with several duplications of already filled out paperwork. I have copies if needed.

Company Response:

State: NJ

Zip: 07501

Submitted Via: Web

Date Sent: 2019-04-04

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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