More Ocwen Financial Complaints:

Ocwen’s large scale offshore business poses considerable operational risk:
A significant portion of Ocwen’s operations are concentrated in India. With more than half of its employees positioned in India, Ocwen remains exposed to the risk of any significant change in India’s economic liberalization and deregulation policies.
Going forward, this excessive and extensive dependence on India could also increase the cost of operations while posing investment and operational risk to the company. more..


111 Ocwen Finance Complaints at Pissedconsumer.com
Ocwen Financial Corporation website publishes the tag-line of: "We make your loans worth more". Yea, more valuable to themselves for fraudulent fees and messed up payment history data. They further go on to state, "Any customer of Ocwen can easily pay his or her bills on-line, by telephone, by Money Gram or by mail." Yea, IF they don't screw up your account status! Ours has been fraudulently been placed into a default status and the online and phone systems will only allow us to pay via a live person for a $19 service charge!!

The company claims to have the customer, his business and the solution of his financial problems number one prerogative. In 2007 Ocwen was ranked as the leading innovative company in the financial sector. Apparently they were good enough to get Uncle Sam to divey up the thousands of Freddie Mac loans, but can't handle the volume or contingencies of managing the problems. They ask that folks make attempts to contact Ocwen Customer Service directly prior to posting any complaints on there website. Really, what do you do if you cannot contact anyone there?? more..