Highest Rated Review by the Community
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Rated a Helpful Review by the Epinions community Nov 24, 2002
Pros: NONE
Cons: Inept service staff
Summary: Ocwen Federal Bank FSB
Attn: Research Department
12650 Ingenuity Drive
Orlando, FL 32826
Dear Sir or Madam:
I received a notice in the mail that Ocwen would be servicing my loan beginning on November 1, 2002. This ... read more
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Rated a Helpful Review by the Epinions community
Dec 8, 2005
Pros: They're great at wire fraud and theft
Cons: crooks, liars, and thieves
Summary: Here's a racket for you. Buy a customer's loan. Tell the customer that the first payment is due on the first of the month. Give the customer an account number. When the customer sends you the first payment, cash the payment and say you didn't ... read more
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Rated a Somewhat Helpful Review by the Epinions community
Jan 23, 2004
Pros: NO, NONE ZIP ZERO NADA ZILCH.
Cons: Everything under the sun. Loss of time house and effort.
Summary: I got my loan sold OCWEN in May of 02. They immediately started on me about under/inadequate insurance. They charged me to have their own insurance out on the house. In June of 2002. I lost my job. The company that I worked for held my last three checks ... read more
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- Express Reviews
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Rated Show by the Epinions community Dec 28, 2007
Pros: NONE
Cons: bad customer service, bad business practice.
Summary: I have yet to have any good experience with this financial corporation. They call with their stupid offers every month. The customer service is terrible. I don’t remember receiving any good service through this company. I DON’T RECOMMEND
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Rated Show by the Epinions community Aug 6, 2007
Pros: I have nothing positive to say.its almost like they are run by the costra-nostra.
Cons: I resorted to sending my payments by western union.
Summary: This bank is an oppretunistic rip off, I wrote to my atourney generals office many times!!! My original loan was through another lender, and when they bought the loan everthing was mis creadited,slow reponse to inquiries,unprofessional,they make there
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Rated Show by the Epinions community Apr 16, 2007
Pros: NONE
Cons: Horrible communication, failure to provide me with accounting, statements and more.
Summary: Ocwen Loan Servicing Located in Florida and Illinois, they feel that subprime loans mean subprime people and they can treat as they
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Rated Show by the Epinions community Oct 28, 2005
Pros: There are no "pro's" for this company. Customer service is outsourced to India.
Cons: No customer service! Very slow in responding to the customer. Underhanded business practices.
Summary: I refinanced a couple months ago through a mortgage broker. The mortgage company happens to be Ocwen. Due to a new job I needed to sell my condo and relocate. Everything was going fine until Ocwen refuses to supply the payoff letter needed to the
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Rated Show by the Epinions community Dec 14, 2004
Pros: I can't think of a single one.
Cons: They should be avoided at all costs.
Summary: This company sent communications to me to a PO Box in South Dakota (I live in Colorado) and then held me responsible for not telling them that I had not received mail. (How am I supposed to report on what I don't know that I am not getting?) They accrued
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Rated Show by the Epinions community Aug 16, 2004
Pros: Statements are easy to understand; great source for the purchase of foreclosed property
Cons: crooked, hellbent to damage your credit if they can not foreclose
Summary: It's not unusual for sub prime mortgage servicers to cut a few corners e.g., charging a service fee for accepting your money online (even though it REDUCES their overhead), delaying posting of timely payments to extract late fees, etc. I was aware of
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Rated Show by the Epinions community Mar 31, 2004
Pros: none
Cons: I would not recomend
Summary: I have also been having problems with these people, trying to settle out an account. I have not yet talked to anyone I could understand no matter how many supervisors I request to talk too. I have also read many bad reviews of them in ripoff.com and also
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Rated Show by the Epinions community Nov 2, 2003
Pros: none
Cons: RUN FOR YOUR LIFE!!!!!!!!!!!!!!!!!!!!!!!!
Summary: Unnecessary fees and very poor customer service, tired of repeating myself. I have dealt with banks and finance companies practically all of my life, and I have never encountered so many inefficiencies in my life. Everyone you try to get in contact wit
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