OCWEN
Information
Ocwen short sale information
This group is for information, tips and solutions for OCWEN short sales.
Members: 648
Latest Activity: Mar 18, 2022
Ocwen Short Sale Information
Click The Button Now To Hire A Short Sale Superstar To Support You.
Fax for Third Party Authorization 1-407-737-6300
Fax for Short Sale package 407-737-6352 (updated August 2014)
email [email protected]
Short Sale direct phone 877-596-8580
Customer Service 800-746-2936
If you need to get in touch with the home retention dept that number as listed on the paperwork is 877.596.8580.
The hard ship package should be faxed to the home retention dept at 407-737-6352
[email protected] For short sale packages
The contact #: 800-746-2936 option 4 then option 9
If you can't locate the loan try Loss mitigation at 877-521-3698
FX for LOA: 866-501-1610 EM SS Pack to: [email protected]
FOR ESCALATION; Use sparingly......
[email protected] this should be where you start.
2nd escalation is Michael Rapp at the following email address [email protected]. as of 9-11-14
AND.....Ocwen's Ombudsman is a consumer advocate, they'll work with you to get issues resolved. Give them a call, they are super to work with. The first time I called them, they put me in touch with someone who got me an approval. I would call and email them: [email protected] Phone: 800-390-4656.
Ocwen Loan Servicing
P.O. Box 24737
West Palm Beach Florida 33416.
https://www.ocwencustomers.com/home.cfm
Ocwen Loan Servicing LLC - Servicing Transfer Information
Servicing Transfers to Ocwen
o Ocwen will honor all non-expired short sale approval letters issued by the prior servicer. An
approval letter reflecting the originally approved terms will be re-issued on Ocwen letterhead
when the loan is transferred .
o Short sales in process but not approved by the prior servicer will require an Ocwen short sale
package to initiate a new request .
o All Authorized Third Party information provided by the prior servicer will be uploaded as part
of the loan transfer process, so as to minimize disruption to the communication process.
Discussion Forum
Games that Ocwen plays
Started by Larry Sarlo. Last reply by HarryJohnson Mar 18, 2022. 18 Replies 0 Likes
first it was GMAC then serviced by Ocwen had to update the entire file, then ocwen took over the entire file and had to again update the entire file... then borrower was not qualified for HAFA then…Continue
Ocwen transferring all loans to PHH MOrtgage
Started by Jeffrey W Wolff. Last reply by Dean E Eshelman, CPA, CDPE, IRES Feb 7, 2019. 1 Reply 0 Likes
Just so everyone knows, Ocwen is in the process of transferring all their loans to PHH Mortgage, which I believe is a subsidiary to Ocwen.Major issues with this.JeffContinue
Will OCWEN approve shortsale on vacant home?
Started by Katie S.. Last reply by Katie S. Mar 22, 2018. 6 Replies 0 Likes
My basic question is, would OCWEN approve a short sale on a house that has been vacant for 9 years? It was a single family primary residence before the owners defaulted in 2007 and moved out in 2009.…Continue
OCWEN GIVING INVENTIVE PAYMENT TO TENANT
Started by Kathleen Sheridan. Last reply by Short Sale Superstars LLC Sep 12, 2016. 2 Replies 1 Like
We are doing a short sale on a tenant occupied duplex. One unit is vacant, the other is still occupied. Ocwen says to put $10,000 on the HUD as an incentive for the tenant.Does anyone have experience…Continue
Comment Wall
Comment
-
Comment by Jeffrey W Wolff on August 13, 2014 at 5:00am
-
FYI. Called into Ocwen yesterday and actually got to Florida by luck. Gentleman at Ocwen stated not one person is fond of the HUBZU process and only Ocwen is benefiting. Additionally, he mentioned all underwriting is based in India and they went from 400,000 loans to 4 million with all the acquistions and now all short sales are behind by up to 30 days. What really irks me is we had an offer in March, they put on HUBZU, failed to attract bids 3 times, then they gave up. We got another offer, they got a new BPO which was 30k higher than their failed HUBZU bids of $120k and declined it out as the foreclosure sale date is coming up on 8/15. Here in Illinois, we fight this through the court system. Ocwen is digging themselves a large hole in the future.
-
Comment by Saurabh Singh on August 7, 2014 at 3:12am
-
The excerpts from Ron Davis' testimony in Sealy Davis vs Ocwen FSB, Deutsche Bank et. al. (2005) provided the court a glimpse of how business processes were set up to push borrowers into foreclosure and to sell more foreclosed homes at Ocwen.
The motive behind designing those processes was the management's greed. Business processes are corporate habits. Since the motivation remains the same, the processes have only changed slightly.
-
Comment by Sabrina Simpson on August 6, 2014 at 4:33pm
-
I wanted to share this deposition that I found online. This is the depo of a former employee of Ocwen. This explains a lot of things. Seems like Ocwen still doing same things. This was an eye opener for me.
-
Comment by Ro Reed on August 6, 2014 at 7:56am
-
Agreed Thom and Jeff...never again with Ocwen. I had a nightmare with a hubzu in June (wound up going to Sheriff Sale... I never lose 'em!) and now I am getting weekly phone calls from a guy we refer to as my Pakistani boyfriend. They have had the full price offer since April 24th, and they simply let everything expire and then we start over. If they didn't start out by leading me to believe the approval was going to arrive any day it wouldn't be as maddening. Ombudsman was a waste of time (I really don't care if you're checking the status regularly if that doesn't move it along!) and I sent an email to the address noted above for escalations and have yet to get a response.
Ocwen... where helping homeowners (right into foreclosure) is what they do!
-
Comment by Ellen Barbara on August 6, 2014 at 7:12am
-
I have referred my attorney to this site - he has my power of attorney and I believe he will be very pleased with the information provided here! Thank you all so much!
-
-
If you have already tried escalating/contacting ombudsman, then you might want to call them and record the conversation. We can present the recorded conversation to regulators and the investor who owns the loan. We can also contact the media for assistance. There are quite a few options.
-
-
The house is my home ... my attorney and realtor have been in virtually daily contact with OCWEN ... they are as inept as they can get. The house is empty and the buyer is anxious to get the approval so she can move forward with setting a closing date.
-
Comment by Thom Colby CA Brkr 888-391-5245 on August 6, 2014 at 7:02am
-
Ellen - Find them another house and not serviced by Ocwen..........
-
-
I have a full cash offer for my short sale since mid May - have been told time and time again that we'd have a decision "this week" ... it's going on twelve weeks and we're still getting no progress ... the buyer is going to walk away if we dont get an approval soon. Any suggestions???
-
-
At 2.59PM EST, the Altisource (ASPS) stock is trading 18.49% down with huge increase in trading volume.
© 2024 Created by Short Sale Superstars LLC.
Powered by
**********************************
like buttons
You need to be a member of OCWEN to add comments!