"The Division will be closely monitoring Ocwen’s compliance with the Order," the Division of Banks’ order states. "During this time, consumers with mortgage loans serviced by Ocwen should continue to submit loan payments to Ocwen in normal course in accordance with their loan terms.
Ocwen and ditech. As Green Tree, ditech purchased the mortgage servicing rights for a portfolio of first mortgage loan from Ocwen on June 15, 2015. You may have received a letter about this from Ocwen and a welcome package from ditech that introduces us as your new loan servicer. Welcome! ditech’s U.S.-based employees serve Customers across.
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For 2012, out of 12 months they received only 3 statements. A couple months they didn’t remember to pay it because they didn’t get a statement, Ocwen charged a late fee as well as a fee to take the payment by phone. This is not a case of an irresponsible customer, this family member is a millionaire with 800+ credit.
Federal, State Agencies Accuse Ocwen Of Mortgage Errors, Illegal Foreclosures. As a servicer, Ocwen is tasked with providing homeowners with customer service, information on loan modifications, and collecting payments from borrowers and sending those payments to the owner of the loan. According to the CFPB’s complaint [ PDF ],
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OCWEN CARES: Helping homeowners and communities is what we do. Ocwen Financial Corporation and its subsidiaries, PHH Mortgage and Liberty Home Equity Solutions, are committed to helping our customers save money, build equity and, most importantly, stay in their homes.