Mortgage -- Struggling to pay mortgage -- Complaint #7880525

Complaint Overview

Complaint ID: 7880525

Company: Ocwen Financial Corporation

Product: Mortgage

Sub-Product: Reverse mortgage

Issue: Struggling to pay mortgage

Sub-Issue: Foreclosure

State: Texas

ZIP Code: 77033

Date Received: 2023-11-20T12:00:00-05:00

Date Sent to Company: 2023-11-20T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Older American, Servicemember

Consumer Narrative

My mother 's reverse mortgage had come due, and the mortgage company asked me what I wanted to do to settle the debt. I told them and sent them documentation I was selling to a buyer, the buyer needed more time to get bank approval and the mortgage company asked for proof of funds, which was given to them, but they went ahead and foreclosed anyway.

Frequently Asked Questions

What is Complaint #7880525 about?

Complaint #7880525 was filed against Ocwen Financial Corporation regarding Mortgage specifically about Struggling to pay mortgage. It was received by the CFPB on 2023-11-20T12:00:00-05:00.

How did Ocwen Financial Corporation respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Mortgage) and describe your issue in detail.

Can I see other complaints against Ocwen Financial Corporation?

Yes, visit the Ocwen Financial Corporation company profile at readthecomplaint.com/company/ocwen-financial-corporation to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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