Ocwen CONTINUES to run over U.S. Judicial System

~Ocwen’s actions were deliberate in forcing foreclosures on homeowners. Pushing people out of their homes with disgraceful, illegal actions and misconduct. Ocwen’s actions was not centered around one minor slipup for this behemoth company. Ocwen’s tentacles reached far and wide to deliberately create havoc for personal greed. The deception, the lies, the tricks and the manipulation of justice. Ocwen is guilty of hiding behind banks to create their deception on the court systems.  Just a quick example -U.S. Bank has been and is involved in a scheme to defraud acting on behalf of a dead mortgage company that went bankrupt in 2007 – New Century brought back from the dead by none other than Ocwen. Ocwen who hired a foreclosure mill law firm, John D Clunk from Ohio. Ocwen who made up false documents for this law firm to use. Ocwen did not have the note or mortgage so they created these documents. In 2012, Ocwen created an allonge for a note from 2003, years after New Century liquidated, not to mention, New Century had a permanent injunction placed on them by the State of Ohio.  Ocwen was and is signing for a dead principal, New Century. Ocwen is actually signing as an attorney in fact for a bankrupt company that liquidated years ago. Isn’t it thrilling – the fraud never ends by these people.  They put this out there for their lawyers to use.  Their lawyers allegedly have to know better. After all, they have been told and shown the evidence.  A Bailee letter from Ocwen to Clunk’s foreclosure law mill firm giving instructions. Ocwen had a plan for this homeowner. Add on enough fees to monthly payments to double the payment – the fees were bogus. When Ocwen was called on this they ignored the questions – stalling.  All calls to Ocwen for any explanation of these bogus fees and other complaints- homeowner’s calls routed to India and then the calls were and are dropped.
 So, the time has come, Ocwen must answer but they have chosen to dodge and play games. Ocwen’s own system supports evidence that Ocwen backdated letters to homeowners so they would not have time to respond to try and save their homes from Ocwen’s forced Sheriff’s Sale where the false entity acting on Ocwen’s behalf, no doubt had every intention of buying the property to sell and stash the profit of forcing homeowners out and taking over – Ocwen was told about the documents. They were printing out with the incorrect dates the letters being sent to homeowners. This information came NOT from an outsider BUT from within Ocwen’s own ranks- An employee over a year ago, that the documents were backdated.
 Ocwen knew then and yet they still have done nothing. Even after they are being investigated by the government. Their responses from their CEO- they will hire an investigator to look into the matter. What is this? A grand slam stall tactic to hide, bide their time. Has Ocwen gotten to the place they think they are,” too big to fail” – “too big to jail” – one could ask, what are they up to?
 Ocwen’s business practices have come into play six times under Mr. Lawsky’s investigation in the last two years. Ocwen has shoved its way to being the fourth-largest mortgage servicing company in the country. You remember the illegal widespread scandal of “Robo signing”. Well, Ocwen and the illegitimate business practices Robo signing went hand-in-hand. My personal documents were signed and stamped by a well-known Robo signer. The courts have strict rules (real courts of justice, that is) companies that want to foreclose must be able to prove they have a legitimate ownership of the loan they goes to the property and there is a proper timeframe and proper procedure to follow in order to do this. The foreclosing entity must have the proper documents – scrupulous foreclosure laws require this, the courts require this. But when these real documents do not exist due to the securitization deals that went down on hundreds of thousands of homeowners – the documents didn’t exist – so, unscrupulous entities made up fake ones. Ocwen was fined over $2 billion December 2013 but did that stop them – no – did Ocwen do what they were supposed to from that settlement? – No – Ocwen was ready to buy $40 billion worth of mortgages from Wells Fargo while still going after homeowners forced into lawsuits over illegal foreclosure actions.
Thanks to Mr. Lawsky’s intervention and ongoing investigations that deal was stopped. The Robo signing fraud that Ocwen was in bed with was supposed to be punished that turned out to be a joke. Eric Holder accused by Sen. Warner of, “settling on the cheap” – homeowners were screwed over. In 2012 – big banks settle to pay $25 billion to help homeowners that were screwed over – that was an administration flop. Only 3.5 billion was set aside of the 25 billion to go to homeowners who are swindled. That is even yet to be proven. According to one report – 11 families who showed up at the White House were helped – hundreds of thousands left to flounder. There was no transparency as to what happened. The so-called “independent foreclosure review system” reached to the conclusion that banks “trade secrets” were more important than to expose the corrupt abuses heaped upon the homeowners. The illegal Robo signing scandal, the illegal foreclosures – the securitization of loans was all to be hushed up. The bogus reports fed to the media that the settlements were for homeowners – that these banks were being held accountable- was a joke- Almost 3 years after that settlement of 25 billion and Holder’s press releases, State Regulators are still discovering falsification of documents by companies that make money foreclosing on borrowers who had their legal rights violated. Ocwen still continues inappropriate documentarian practices into late 2014. The abusive practices continues in the mortgage industry. According to a consumer financial protection Bureau report showed early in 2014 more “than 8 million children have been affected”. 
The contributor is not an attorney and the article is not intended to give advice.