Despite legal drama, keep making your payments to Ocwen, state DFI says

This is an important point for homeowners to understand. While you are under no legal obligation to make your mortgage payments after your chapter 7 bankruptcy has been finalized, your lender has the right to take possession of your home.

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I wish that CA and UT would jump on tihs band wagon and shut down Ocwen. Worst servicer of all time and I thought that it was impossible for any company to overtake Cenlar in this category.

Regulators sue Ocwen Financial, say it mishandled mortgages. The company is one of the nation’s largest non-bank mortgage servicers, focusing mostly on subprime and delinquent mortgages, handling 1.4 million mortgages in all 50 states as well as Washington, D.C., worth roughly $209 billion.

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Despite legal drama, keep making your payments to Ocwen, state DFI says 3 days ago (8/12/17) we learned that Ocwen, who controls our escrow account, Paid annual premiums to 2 different insurance companies since 2015 totaling 6,614.

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In 2015, Ocwen launched a website, Ocwen Cares, as a resource for homeowners to find solutions to better afford and stay current on their mortgage loans. ocwen believes by helping customers remain in their homes and protect their largest asset, they help keep neighborhoods intact and communities strong.

Customers can make payments to the Ocwen Financial Group through the Ocwen Financial Group website, Ocwen.com. A customer must register for an online account before sending an online payment. Payments can also be made by calling the Customer Care Center or mailing a payment directly to the office. Continue Reading.

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Ocwen s misapplication of her payments, and contrary to Ocwen s representations, the Plaintiff 2 Ocwen Federal Bank, FSB first came into existe nce on January 1, 1997. It ceased to be a federal savings bank and become Ocwen Loan Serv icing, LLC effective July 1, 2005.