Onity Mortgage Reviews

Ocwen purchased the loan and after having it 2 months they added a charge to monthly payments for insurance with out my authorization. I called Customer service several times and threatened to take them to court for bad practice before they admitted that they did have proof of my insurance that I pay directly to AllState and they would correct the monthly payments. Before my next payment was due they promtley sold my loan after owning it for less the 3 months with their insurance intact. I had to deal with the new company at that point to have the insurance premiums removed from my monthly payments.

Refinanced with a sub-prime lender - they said "you can refi in 2 years" we went from $1800 pmt + $400 HOA dues to $2800 + $400 HOA dues.

OCWEN is intentionally trying to make me lose my home, inspite of providing funds to the company during this crisis. Lending and Debt collection practices are outrageous. There is a remaining balance on the loan for $143,000, simple interest loan 12.99% (interest paid first), and a prepayment penalty of 5% on all payment submitted above the original monthly payment (i.e. monthly payment $2100, $1700 to interest, $365 to escrow and $35 to principal. If I paid $5000, $250 prepayment fee, $1700 to interest, $365 to escrow and $2315 to principal).

I purchased my home in 2005. As a former mortgage processor, I knew what I was getting into, as far as my rates are concerned. I knew that if after 2 years I didn't refinance, it would go up. I was fine with that. Unfortunately, I was laid off a month before I could refinance without penalty, so for now, I have a mortgage I may not be able to afford for much longer. I knew the terms of my mortgage agreement, that's my own fault. In two years time, I have made one late payment. One. And I resolved it within 30 days. That was December 2007.

They are charging us unheard of fees, they have sent us foreclosure notices. We have fulfilled a forbearance agreement with them and now they changed our payments due every month, they raised them 400.00 more a month. When we called and told them that we are getting an attorney they laughed and so go ahead. You can not get any straight answers out of them, we can not refinance because of them, they are ruining our life.

I AM NOT SURE IF THIS IS THE RIGHT PAGE I NEED TO COMPLAIN ABOUT THIS ABOVE COMPANY THEY ARE MORTGAGE COMPANY THEY KEEP RAISING THE INTERST RATE. MY INTERST RATE WENT UP FROM 7.5 TO 11% AS OF YESTERDAY.

hello, to whom concern i have problem with my mortgage wich is i am late for my payment three months they send a me a letter for payment i call them i told them i will pay within a week i did call them to pay they told me my file was sent to the lawyer and i have to call him so i did he did not get back to me i call back my mortgage company they told me that he did not receive my file as soon as will recieve your,e file he will call you i said i want to make the payment they said tey cannot take a payment i beged them to pay them they said that they can't take any payment , the point of all this that they just want to fooling me arround wasting time then they gonna tell me that my house is forclosed there layer send me a letter askinn me to pay $6500.00 wich is my late are $4300.00 i ve been calling here there i cannot get an answer this is been going on from december 10th so please i need help i cannot afford to loose my apt i have a wife & 2y old son there is no where to go thankyou

I am facing a financial crisis and appealed to Ocwen Loans to restructure my ever increasing ARM loan (11.25% and rising). I will otherwise lose my home. I filled out all necessary forms and was told that an agent would contact me within 10 days. It has been 3 weeks and no call. The recording last week twice explained they were closed due to technical difficulties. The hold time is always OVER AN HOUR AND A HALF, and agents constantly hang up on me. I NEED HELP!

I was passed on to a floor supervisor. Even though it was my husband's name, they gave me all the info on the said account, and wanted me to give them my bank account number. This person continued to say something about me breaking federal law etc etc, and that we needed to settle this issue today. When he realized that I did not recognize the address, he said "hold please", then came back a minute or so later, and then started to give me what I think was this address.

Mortgage payment sent to PHH on or before the first day of the month. Payment sent less than 30 miles away. 4th time this year that PHH has not processed our mortgage payment prior to the 17th of the month. Deliberately delaying processing the mortgage to force us to do automated deposit. We have two other mortgages with different mortage companies. Each of them in other states - one in California. Each receives and processes our payments before the 10th of the month. Never late. Today, the 17 of September 2007, PHH has yet to process Septembers payment that was mailed to them on the 30 of August. Both of our other mortgages processed 1 week ago.

When my family and I moved to TN, we were promised a loan with less than 10% interest, no down payment (no out of pocket), and a payment of less than $800 monthly for this mortgage. The interest rate is 11.75%, the up front costs were $1500 out of pocket, and the payment is $1013 monthly. There is no job here allowing us to afford this, and we have tried to work it out with the servicer, but all they keep doing is raise the rates, and tack on unreasonable fees and costs.

I recieved a phone call on Aug 23, 2007 from a lady with an Indian accent. She refused to tell me her name only told me that I owed a $5000.00 balance on a Direct Merchants Bank Master Card. I told her that I did not have a credit card by that name or with that account number. I explained to her that my wallet had been stolen at work and my DL. SS. card checkbook, debit card etc. were in it. I explained to her I was a victim of Identity theft. I also explained to her that I had reported all od this to My bank the police dept. personnel at work and anyone else that needed to know that my wallet had been stolen.

The house was a second residence for the people who previously owned the property. My son's wife left him to live with another man (they are still married) several months after they purchased the property. This has caused my son a great deal of difficulty in getting Homestead Exemption, and his taxes have been exhorbitant. I checked on his taxes two days ago, and it indicated they had been paid by his loan servicing company.

Via certified mail, I received a foreclosure notice from Ocwen on Saturday, March 31, 2007. When I phoned Ocwen to ask why, I was told that I am one payment behind because my bank sent Ocwen an NSF notice dated 3/23/07 for a payment I made July 31, 2006. I am now being pressured to make two payments in April to protect my credit rating and to prevent foreclosure proceedings. Is this legal? I never received a notice from Chase and yet Ocwen claims that almost one year later they received a notice from Chase and I no longer bank with Chase. It appears that a billing error has occurred on the part of Ocwen and I am being forced to pay for it. I need help. We don't have enough money to pay two mortgage payments by April 27, as stipulated in the letter from Ocwen.

On January 26,2007 I was closing on a refinance of my mortgate. I tried to get somewon at Ocwen to give me a pay off figure.I was unable to get a response from a human,all I got maching options. Since I cound not reach anyone I had the bank make out a check for the balance on my February payment coupon. I figured that when they received the check they bound bill me for any amount remaining.

A woman named Hannah repeatedly calls a number in our apt building asking for me and stating she is trying to collect a debt for OCWEN. The number she is calling is NOT my number. It is not listed in my name. It is, however, at the same address. I have repeatedly told her not to call me here. She says she will call as often as she wants to. I told her she is violating my rights and she said her debt collection takes precedent over any rights I have.

For the second time have filed a default on my loan stating i am over 5 month behind in payments. forced placed insurance when i already have insurance, vaious late, attorney, trustee, maintenance, property inspections, etc...fees added to my loan for no reason. not accepting payments, holding them, etc..I have tried numerous times to contact them, no luck. please help.

I called 10/31/05 to ask for my pay-off balance. They said they would e-mail the info. to me within two days. I did not receive the e-mail, so I e-mailed them requesting the info. again on 11/03/05. Finally on Saturday 11/05/05, I got a letter in the mail dated for 11/03/05 from an attorney representing the mortgage company demanding the balance. Of course, they added attorney's fees and collections unecessarily because I stated a week earlier that I was in a position to pay-off the loan immediatley.

OCWEN mortgage company requested we place flood insurance on our property 5/7/2004. We searched out flood insurance and purchased 7/26/2004. In October 2, 2004, OCWEN requested flood insurance for the period of 10/15/2003 thru 7/26/2004, a time frame for which we were not notified of until 10/2/2004. Now OCWEN has charged us an "Escrow Advance, Repayment" for insurance for that time 2003/2004, after the time period of which we were not notified and we have paperwork from the original mortgage writer saying flood insurance was in order and not needed.

PHH mortgage services refuses to pay my taxes out of my escrow account. The county is threatening to take my property due to an unpaid tax bill from one year ago. I cannot get them to do anything to take care of this. I have called them four times, faxed them the information and gotten no effort on their part. I would recommend that consumers not use PHH as their mortgage broker.