Ocwen Mortgage Subprime Servicing Now Number 1

Ocwen Financial Corporation, known to most Americans as either Ocwen Mortgage or Ocwen Mortgage Servicing, has plans to grow even larger. Ocwen is already the largest servicer of subprime mortgages. Here is the tie-in: Home Loan Servicing Solutions, a foreign investment firm designed to buy mortgage servicing rights from Ocwen Financial Corporation, is planning an initial public offering (IPO).

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Just let us make our mortgage payments

ZH in Illinois said this: “Feeling helpless! How does SAXON get away with the illegal activity, lying, cheating, hurting so many people. If anyone knows of a class action law suit please count me in! Here is my mother’s and father’s story with Saxon Mortgage.

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Saxon Mortgage stops Soldiers automatic draft

KK in Virginia said this in a recent complaint to Saxon – Ocwen Watch: “Saxon Mortgage is the worst mortgage company I have ever seen. It all started when I was recalled back to active duty in 2006. When I was placed back to the Reserve status, someone at Saxon Mortgage had stopped my automatic draft and I was lucky at that time to look at my bank statement as to why my mortgage wasn’t taken out.

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Saxon Mortgage Ocwen Transition and HAMP Agreements

VL in Hawaii sent this interesting insight into the Saxon Mortgage – Ocwen transition as it pertains to HAMP modifications and interest due. The report said: “It took almost one year from May 2009 for Saxon to work my Loan Modification under the HAMP.

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