URGENT ADVICE NEEDED PLEASE

[purplemonkey27]

I'M GOING TO APOLOGIZE NOW FOR POSTING THIS IS TWO PLACES BUT I REALLY NEED SOME HELP. I AM PHYSICALLY ILL OVER THIS! I HAVE WORKED VERY HARD REBUILDING AND HAVE BEEN ECSTATIC ABOUT FINALLY REACHING THE END OF MY JOURNEY AND GETTING THE LAST OF MY BADDIES CLEARED UP. THE BIGGIE I HAD LEFT WAS THE MORTGAGE I FORECLOSED ON. IT IS DUE TO FALL OFF MY REPORTS AUGUST 2013.

 

HERE'S THE DEAL WITH THAT... CHASE NEVER ACTUALLY REPORTED IT AS "FORECLOSED". IT WAS REPORTED AS "FORECLOSURE PROCEDURES STARTED". I HAVE LEFT IT ALONE ALL THESE YEARS AND HAVE REBUILT AROUND IT. WELL, I FINALLY GOT MY SCORE WHERE IT NEEDED TO BE TO APPLY FOR A NEW MORTGAGE AND HAVE STARTED HOUSE HUNTING. LET ME EXPLAIN WHY I AM NOW TO THE POINT OF TEARS...

 

TODAY, I RECEIVED A SCOREWATCH ALERT. I'VE TANKED 35 POINTS. I HAVE A NEW ACCOUNT REPORTING AS PER THE BELOW THAT I PULLED FROM TU..

OCWEN LOAN SVCG LLC #****

 

1661 WORTHINGTON RD

STE 100

WEST PALM BEACH, FL 33409

 

 

 

 

Date Opened:

 

11/03/2005

 

Responsibility:

 

Joint Account

 

Account Type:

 

Mortgage Account

 

Loan Type:

 

CONVENTIONAL REAL ESTATE MTG

 

Balance:

 

$39,207

 

Date Updated:

 

10/31/2012

 

Payment Received:

 

$0

 

High Balance:

 

$91,800

 

Past Due:

 

>$49,204<

 

Pay Status:

 

>Account 120 Days Past Due Date<

 

Terms:

 

$664 per month, paid Monthly for 360 months

 

 

 

>Maximum Delinquency of 120 days in 09/2012 and in 10/2012 for $49,204<

 

Estimated month and year that this item will be removed: 09/2013

 

 

THIS IS REPORTING AS CURRENTLY BEING PAST DUE $50,000!!! I DON'T EVEN KNOW WHO THE HECK THESE PEOPLE ARE. I CAN ONLY ASSUME THAT SINCE CHASE WILL NO LONGER BE REPORTING THE ORIGINAL MORTGAGE THAT THEY SOLD TO THIS JDB? I HAVE NOT HAD A LATE PAYMENT ON ANYTHING SINCE 2007. I AM CONCERNED NOT ONLY ABOUT THE IMPACT THIS HAS HAD ON MY SCORE, WILL HAVE ON MY UPCOMING MORTGAGE, BUT ALSO MY CURRENT CARDS.

 

I CAN'T DISPUTE THIS WITH THE CRA'S AND SAY, "THIS ISN'T CURRENT, THIS WAS FORECLOSED ON IN 2005", BECAUSE THEN THEY WILL CHANGE THE CHASE ACCOUNT, TO "FORECLOSED" AND THAT WILL TANK MY SCORE. I FEEL LIKE I AM COMPLETELY UP S**T CREEK WITHOUT A PADDLE.

 

IN ALL THE RESEARCH, I HAVE DONE, I'VE DONE VERY, VERY LITTLE ON MORTGAGE RELATED ACCOUNTS. DO I TREAT THIS LIKE ANY OTHER JDB? CAN I DV? I DON'T EVEN KNOW WHERE THIS FIGURE IS COMING FROM, AS THE HOME WAS SOLD FOR MORE THAN WE OWED.

 

 

PLEASE SOMEONE, TELL ME I'M FREAKING OUT FOR NO REASON AND THIS IS FIXABLE.

[goturtlego]

Yah looks like it was sold to a JDB and its collected interest which would explain the higher amount. Usually youre responsibe for the remaining balance of what you owe vs what the home sold for which is what they collect on. Confusing as you say the home sold for more thsn what you owed. Have you looked up records recorded?

[ICANHASMUNY?]

if it was foreclosed in 11/2005

 

and this is 12/ 2012

 

isn't past the 7 year reporting limit? .

 

is Chase off your reports?

 

when were your first late on the Chase mortgage?

 

dispute it as obsolete.

 

 

 

RE Violation of 15 U.S.C. §1681c (a) ( 4)

 

 

CRA name

 

the following account relates to a Chase Mortgage that is no longer reporting due to obsolescence -

 

OCWEN loan servicing has reaged this reporting and is in Violation of 15 U.S.C. §1681c (a) ( 4) this date of First deliquncy on the chase Mortgage was xx-xx- 2005

 

 

OCWEN LOAN SVCG LLC #****

 

>Maximum Delinquency of 120 days in 09/2012 and in 10/2012 for $49,204 - this is incorrect

 

Estimated month and year that this item will be removed: 09/2013 - this is incorrect - the Chase mortgage has already been removed on xx-xx- 2012

 

 

your duty is to perform a reinvestigation of this tradeline and delete it due Obsolescence.

[purplemonkey27]

Im sorry, there was an error in there. It was foreclosed on in 2007. I was having payment issues in 2005 but got back on track for a short time. The home was actually sold in 2007, but based on what Chase is using as DOFD, the CRA's show Chase's entry will be removed in August of 2013.

 

 

I have looked up records with the Assessor. The house was sold for $102,000 . Could the difference be legal fees and interest or something?

[ICANHASMUNY?]

Im sorry, there was an error in there. It was foreclosed on in 2007. I was having payment issues in 2005 but got back on track for a short time. The home was actually sold in 2007, but based on what Chase is using as DOFD, the CRA's show Chase's entry will be removed in August of 2013.

 

 

I have looked up records with the Assessor. The house was sold for $102,000 . Could the difference be legal fees and interest or something?

 

 

what is chase reporting ?

 

were you ever contacted about a defiency balance?

 

what's your state laws on that?

 

they can't report it 120 days past due in 2012 when it was foreclosed in 2007..

 

and if you don't owe a balance, they can't report that either.

 

 

dispute it as duplicate reporting?

[purplemonkey27]

Chase reports as "Foreclosure Proceedings Initiated" It shows the $91,000 balance but no recent activity and definitely no recent past dues.

 

I was never contacted regarding a deficiency by Chase or anyone else. It's my understanding in the state of MO, you can be held accountable for the deficiency.

 

My only concern with calling attention to the Chase tradeline by disputing it as a duplicate is that they will change the status to "foreclosed" and apply a Judgement/Public Record. I'm just wondering which is the lesser of the two evils at this point. I emailed a couple of consumer law attorneys on Friday also, so, hopefully I will have some sort of response tomorrow. Ocwen has quite the fan club There's about 2900 entries filed on Ripoff Report and apparently there's been a class action suit filed as well as individual suits. Unfortunately, while they all have fraudulent reporting included, most of those cases include botched loan modifications and misapplied payments during the transition with Chase that led to foreclosure, so they aren't exactly the same as my situation..

 

 

Im sorry, there was an error in there. It was foreclosed on in 2007. I was having payment issues in 2005 but got back on track for a short time. The home was actually sold in 2007, but based on what Chase is using as DOFD, the CRA's show Chase's entry will be removed in August of 2013.

 

 

I have looked up records with the Assessor. The house was sold for $102,000 . Could the difference be legal fees and interest or something?

 

 

what is chase reporting ?

 

were you ever contacted about a defiency balance?

 

what's your state laws on that?

 

they can't report it 120 days past due in 2012 when it was foreclosed in 2007..

 

and if you don't owe a balance, they can't report that either.

 

 

dispute it as duplicate reporting?

[purplemonkey27]

If I was to go to the Assesors office, do they grant the public access to any type of document that would show this was sold in 2007? I'm wondering if I just send a dispute letter stating this property was sold in 2007 (don't even mention foreclosure) to the CRA with a document proving this, if they will delete?

[ICANHASMUNY?]

Chase reports as "Foreclosure Proceedings Initiated" It shows the $91,000 balance but no recent activity and definitely no recent past dues.

 

I was never contacted regarding a deficiency by Chase or anyone else. It's my understanding in the state of MO, you can be held accountable for the deficiency.

 

My only concern with calling attention to the Chase tradeline by disputing it as a duplicate is that they will change the status to "foreclosed" and apply a Judgement/Public Record. I'm just wondering which is the lesser of the two evils at this point. I emailed a couple of consumer law attorneys on Friday also, so, hopefully I will have some sort of response tomorrow. Ocwen has quite the fan club There's about 2900 entries filed on Ripoff Report and apparently there's been a class action suit filed as well as individual suits. Unfortunately, while they all have fraudulent reporting included, most of those cases include botched loan modifications and misapplied payments during the transition with Chase that led to foreclosure, so they aren't exactly the same as my situation..

 

 

 

I've been reading the Deficiency judgments in MO are not allowed.

 

your mortgage was for 91,800K and it sold for 102K ?

 

did you ever recieve an accounting ?

 

and now they are stating that there is 39,207 balance

 

I doubt there would have been that many fees

 

49K would be interest on the 39K

 

Ask for an accounting from Chase ?

 

follow the attorneys advice.

[purplemonkey27]

It seems to be a bit of a gray area. The more you research the deficiency judgement rule in MO the more you are left scratching your head. It seems even the lawyers aren't sure. Most of the info out there states that in a non judicial foreclosure (this was) no deficiency judgement will be granted in MO, however... there is existing case law to dispute that. I can't seem to find anything on your average Joe Consumer who was hit with one on a small residential deal, so I feel semi safe.

 

So, tonight I probably made an uber mistake but I couldn't be patient any longer and needed to get some answers.

 

First, I called Chase. Spoke to a super nice rep, that basically told me, his info is very limited due to the age and status of this account. It seems to me the problem is the coding in Chase's syste, Per the rep, Chase did not have this loan as foreclosed in their system. It was "charged off" in 2007. They sold the "mortgage" to Ocwen in August 2012 for servicing. How does one exactly service a non existent mortgage? He did confirm that Chase is no longer the owner of the account. Based on this, I'm assming, I should at least be able to get the Chase tradeline removed. His advice was to contact Ocwen and ask what they show and if it doesn't make sense, fax a research request to Chase.

 

Now on to the fun part, my call to Ocwen! Of course, I was routed to the India call center. The first rep did not deviate from his script. He provided the balance on the account and as soon as I started asking questions he couldn't answer, I was placed on hold only to be immediately disconnected.

 

Call #2- same thing

 

Call #3- same thing

 

Call #4- Speak to another lovely man in India. He advises me I owe $50,000 and am 75 months delinquent in making my payments. I explain the situation that it seems Ocwen was transferred a foreclosed account in error and that I need to know who to contact to get this resolved as it's being reported incorrectly. Get put on hold again. This one actually comes back. He tells me that he has no record of the home being sold or foreclosed on in 2007 and that I am 75 months late in making my payments and in jeopardy of foreclosure.(can't contol the laughter at this point)! Really??? I tell hiim I will need some record of their accounting as these numbers do not make sense. He offers to send me a monthly statement. Good grief! At this point, I realize this is going nowhere. I ask to speak to a supervisor. I am told he will try to find one but the only thing I can do at this point is bring my account current. That I need to pay the $50k. I ask if he has a phone# for a contact in the US. He tells me no and then like a robot keeps saying I need to work out an arrangement to bring the account current. I advised him that would continue my communication by mail via my attorney.

 

 

So Im assuming since Chase has this as charged off, this was more a sale of bad debt to the JDB side of Ocwen and not the Mortgage Servicing side? The amounts still make no sense. I even just triple checked the assessor's records and it shows the home sold for $102,00. I understand there are legal fees and such associated with a foreclosure, but I can't imagine it could compound to this dollar amount??? And, am I correct in that, if this is the case, it should be reported as a closed account? Can I DV Ocwen? I know you don't typically DV an OC, but I'm still a little fuzzy on what they are considered in this situation since they are coding themselves as the mortgage servicer and I'm not sure how "transfers" in the mortgage industry affect that status.. Or, do you think I should just dispute both tradelines directly with the CRA's based on duplicate reporting? Thanks for taking the time to read these, I appreciate it!

 

 

 

 

 

 

 

 

Chase reports as "Foreclosure Proceedings Initiated" It shows the $91,000 balance but no recent activity and definitely no recent past dues.

 

I was never contacted regarding a deficiency by Chase or anyone else. It's my understanding in the state of MO, you can be held accountable for the deficiency.

 

My only concern with calling attention to the Chase tradeline by disputing it as a duplicate is that they will change the status to "foreclosed" and apply a Judgement/Public Record. I'm just wondering which is the lesser of the two evils at this point. I emailed a couple of consumer law attorneys on Friday also, so, hopefully I will have some sort of response tomorrow. Ocwen has quite the fan club There's about 2900 entries filed on Ripoff Report and apparently there's been a class action suit filed as well as individual suits. Unfortunately, while they all have fraudulent reporting included, most of those cases include botched loan modifications and misapplied payments during the transition with Chase that led to foreclosure, so they aren't exactly the same as my situation..

 

 

 

I've been reading the Deficiency judgments in MO are not allowed.

 

your mortgage was for 91,800K and it sold for 102K ?

 

did you ever recieve an accounting ?

 

and now they are stating that there is 39,207 balance

 

I doubt there would have been that many fees

 

49K would be interest on the 39K

 

Ask for an accounting from Chase ?

 

follow the attorneys advice.

[ICANHASMUNY?]

well,,, lets see if we can find a US number for you to call first, since you like to call

 

start off with the CO website -

 

http://www.ocwen.com/

 

and go to shareholder information. and they are a publicly traded Co .

.

 

Off to the securities and exchange comission, search filings...

 

http://www.sec.gov/edgar/searchedgar/companysearch.html

 

bingo.

 

OCWEN FINANCIAL CORP (Filer) CIK:

 

 

 

2002 Summit Boulevard, 6^th Floor, Atlanta, Georgia 30319(Address of principal executive offices) (Zip Code) (561) 682-8000(Registrant’s telephone number, including area code)

 

and names fr you....

 

 

 

By:/s/ John V. Britti John V. Britti Executive Vice President and Chief Financial Officer

 

Date: November 2, 2012 /s/ Ronald M. Faris Ronald M. Faris President and Chief Executive Officer

 

this was a non judicial forclosure on a deed of trust, the Title Co should have records of the deeds and when this was forclosed and sold.

 

perhaps you should get certified notarized copies and mail it off to Mr. Faris?

 

 

 

[purplemonkey27]

Hi friends,

 

I hope all enjoyed the holiday! I tried hard to take a break from credit stress!

 

 

So here is where I am with this-

 

The attorney was no help. He advised for a hefty sum he could compose a letter that would be no different than the letters I can write myself.

 

I disputed both tradelines with Experian based on duplicate reporting (thought I would try just one CRA first). I had a reply a week later. Sounds like they did some serious digging

 

Chase came back unchanged. Ocwen came back with the only change being an update to the falloff date. Its now scheduled to come off in July of 2013.

 

None of my letters to Ocwen have been answered to date. No collection activity. No statements- nothing.

 

 

Today, I received an alert from Experian's little credit monitoring service that my score tanked another 44 point based on my delinquent December payment. No update from FICO Scorewatch yet.

 

This is so disheartening.

 

 

I just composed a follow up letter to Ocwen regarding their violation for failing to validate and continuing to report inaccurate info. It includes my intent to retain counsel and file a complaint with the BBB if this is not rectified immediately. I plan to send this on 1/04 if I don't hear something. At that point, can I send something to the CRA's also? If I am successful at getting this deleted eventually, will my score go back to where it was before this nightmare started?

 

 

 

 

 

 

well,,, lets see if we can find a US number for you to call first, since you like to call

 

start off with the CO website -

 

http://www.ocwen.com/

 

and go to shareholder information. and they are a publicly traded Co .

.

 

Off to the securities and exchange comission, search filings...

 

http://www.sec.gov/e...panysearch.html

 

bingo.

 

OCWEN FINANCIAL CORP (Filer) CIK:

 

 

 

2002 Summit Boulevard, 6^th Floor, Atlanta, Georgia 30319(Address of principal executive offices) (Zip Code) (561) 682-8000(Registrant's telephone number, including area code)

 

and names fr you....

 

 

 

By:/s/ John V. Britti John V. Britti Executive Vice President and Chief Financial Officer

 

Date: November 2, 2012 /s/ Ronald M. Faris Ronald M. Faris President and Chief Executive Officer

 

this was a non judicial forclosure on a deed of trust, the Title Co should have records of the deeds and when this was forclosed and sold.

 

perhaps you should get certified notarized copies and mail it off to Mr. Faris?

 

 

 

[ICANHASMUNY?]

just a lousy ACDV / EOscar - did you just dispute this online? or did you a written dispute with copies of the title / Deed showing the house was sold?

 

I"m still fuzzy on the dates.

 

please do a real timeline.

 

was the house foreclosed and sold before chase transferred it to OWCEN?

 

if you have disputed with the CRA;s and it was verified,

 

you can file a complaint with the CFPB. against the CRA for inaccurate credit reporting -

 

or against Chase under mortgages.

 

Chase still owns the mortgage, they just let OWCEN service the account - the servicer doesn't own the mortgage, so file your complaint against Chase.

 

Chase has to recall it from the servicer ( Owcen is acting like a debt collector in this, and if the account was in default before transfer, they are a third party trying to collect, they are subject to the FDCPA )

 

did you get copies of the deed showing foreclosure and sale of the house, and confirm that you don't owe a defiecency balance?

 

you'll need those papers to send to CFPB.

[purplemonkey27]

Hi again,

 

 

I bought the house in 2000.

 

Started having payment issues in 2005. Situation improved for a bit and I brought the account current for a couple of months. By Spring of 2006 I was in default again and moved out of the house since Chase/Hud counselors advised I was ineligible for any assistance programs, due to having more bills than income.

 

Foreclosure sale was completed in 5/2007 per assessors records. .

 

Since I was out of the house and honestly scared to death about the repercussions (gotta love the completely ridiculous "out of sight, out of mind" attitude from my 20's ), I did not receive anything regarding the foreclosure from Chase. I have no records that were sent specifically to me.

 

Chase confimed they just sold this "mortgage" to Ocwen in August of 2012. Ocwen shows the same account open date as chase, but shows no reported activity until September of 2012 and then it's been repeated 180 day past due every since. So, yes it had been foreclosed on and sold for over 5 years by the time they transferred it to Ocwen (still Chase never reported as Foreclosed).

 

Both accounts are coded as mortgages.

 

I have not obtained the deed copies. I'm unsure how I go about getting those. Would the Assessors office have these on file?

 

 

 

 

 

 

just a lousy ACDV / EOscar - did you just dispute this online? or did you a written dispute with copies of the title / Deed showing the house was sold?

 

I"m still fuzzy on the dates.

 

please do a real timeline.

 

was the house foreclosed and sold before chase transferred it to OWCEN?

 

if you have disputed with the CRA;s and it was verified,

 

you can file a complaint with the CFPB. against the CRA for inaccurate credit reporting -

 

or against Chase under mortgages.

 

Chase still owns the mortgage, they just let OWCEN service the account - the servicer doesn't own the mortgage, so file your complaint against Chase.

 

Chase has to recall it from the servicer ( Owcen is acting like a debt collector in this, and if the account was in default before transfer, they are a third party trying to collect, they are subject to the FDCPA )

 

did you get copies of the deed showing foreclosure and sale of the house, and confirm that you don't owe a defiecency balance?

 

you'll need those papers to send to CFPB.

[ICANHASMUNY?]

double check with a local lawyer about deficiency balances and lawsuits - if they say it doesn't happen,

 

 

file a complaint with teh CFPB against chase for mortgage practices - the house was foreclosed, and sold and you don't have any records.

 

 

they shouldn't have sold this as an active, current mortgage 5 years later - they are seriously in deep doo for representing that the mortgage is still in force.

 

 

send ncopies of the assessors records and you want a full accounting of it all - it was sold for more than the mortgage was worth - what if any equity did you have?

 

 

if there was a surplus left after the sale , I believe that chase owes you the difference, and there is no interest due to OWCEN because the mortgage was foreclosed.

[Michellelw]

Look online at your countys recorders office, it will have date of sale. You will have to physically go there and get a copy so you can see how much it was sold for. If you owed 91000 and they sold for more then you shouldnt owe anything. Look for a document that says Trustees Sale you may also want a copy of the NOD (notice of default) this will tell you exactly when the bank filed to start foreclosure, then youll know you were at least 90-120 days behind before that. Even if its a foreclosure you 7.5 year clock starts when you missed the payment and didnt catch up .. not when the Trustee sold. I would dispute it again...

 

 

 

 

 

double check with a local lawyer about deficiency balances and lawsuits - if they say it doesn't happen,

 

 

file a complaint with teh CFPB against chase for mortgage practices - the house was foreclosed, and sold and you don't have any records.

 

 

they shouldn't have sold this as an active, current mortgage 5 years later - they are seriously in deep doo for representing that the mortgage is still in force.

 

 

send ncopies of the assessors records and you want a full accounting of it all - it was sold for more than the mortgage was worth - what if any equity did you have?

 

 

if there was a surplus left after the sale , I believe that chase owes you the difference, and there is no interest due to OWCEN because the mortgage was foreclosed.

[purplemonkey27]

Hello again here's a little update:

 

 

 

I filed a complaint with the CFPB against Experian for failure to accurately verify. Tonight I received an online reply from Experian. Chase tradeline has been updated to "foreclosed" but nothing is showing in the judgements section. Both Ocwen and Chase are now showing scheduled to fall off in June 2013 instead of Sept.

 

I also went to city hall and obtained a copy of the trustees deed. The home sold to the highest bidder in June 2007 for over $102,000. My mortgage balance was $91,233.00.

 

 

I guess Experian shared with Chase that their name was mentioned in my CFPB complaint because when I attempted to call them to ask a question yesterday it was a completely different attitude. I was treated like complete crap! the rep was a total jerk and refused to give me any assistance. He was rude and told me Chase didn't own this account that he was disconnecting the call and to call Ocwen with my concerns.

 

 

I have sent a 3rd CMRR letter to Ocwen this week and faxed a research request with a copy of the deed showing that this account is a complete error and that there was no deficiency balance. To date, nothing has changed. Ocwen is still reporting me as 180 days past due, now 77 months behind, I believe, and $50,000 past due. My score is back in the crapper!

 

I have an appointment with an attorney tomorrow. I cant imagine this nightmare will be settled before the June fall off date but at this point, I want any and everything I am possibly entitled to from these jerks. I can only pray that once it falls off, the remaining sparkling data will offset this nightmare and make it bounce back quickly. I will be clean as a whistle after this and I can't wait!!! Can anyone shed any light on that? Will it be a slow recovery once these are gone or will it be like they didn't exist?

 

 

As always, thanks for reading

 

 

 

Look online at your countys recorders office, it will have date of sale. You will have to physically go there and get a copy so you can see how much it was sold for. If you owed 91000 and they sold for more then you shouldnt owe anything. Look for a document that says Trustees Sale you may also want a copy of the NOD (notice of default) this will tell you exactly when the bank filed to start foreclosure, then youll know you were at least 90-120 days behind before that. Even if its a foreclosure you 7.5 year clock starts when you missed the payment and didnt catch up .. not when the Trustee sold. I would dispute it again...

 

 

 

 

 

double check with a local lawyer about deficiency balances and lawsuits - if they say it doesn't happen,

 

 

file a complaint with teh CFPB against chase for mortgage practices - the house was foreclosed, and sold and you don't have any records.

 

 

they shouldn't have sold this as an active, current mortgage 5 years later - they are seriously in deep doo for representing that the mortgage is still in force.

 

 

send ncopies of the assessors records and you want a full accounting of it all - it was sold for more than the mortgage was worth - what if any equity did you have?

 

 

if there was a surplus left after the sale , I believe that chase owes you the difference, and there is no interest due to OWCEN because the mortgage was foreclosed.

[ICANHASMUNY?]

I told you to file a complaint against Chase ...., not Experian.

 

file a complaint with teh CFPB against chase for mortgage practices

 

 

 

Anyways, if you want some attention on this, you should submit this to consumerist, they would love it. and you would get national attention.

 

http://consumerist.com/

 

 

Thought you were done with your mortgage payments after foreclosure?

 

Chase forecloses and sells house in 2007, for more than the original mortgage, but then sells the mortgage to Ocwen for servicing in 2012, whom then tells the consumer they are 50K behind on thier payments.

 

Call #4- Speak to another lovely man in India. He advises me I owe $50,000 and am 75 months delinquent in making my payments. I explain the situation that it seems Ocwen was transferred a foreclosed account in error and that I need to know who to contact to get this resolved as it's being reported incorrectly. Get put on hold again. This one actually comes back. He tells me that he has no record of the home being sold or foreclosed on in 2007 and that I am 75 months late in making my payments and in jeopardy of foreclosure.(can't contol the laughter at this point)! Really??? I tell hiim I will need some record of their accounting as these numbers do not make sense. He offers to send me a monthly statement. Good grief! At this point, I realize this is going nowhere. I ask to speak to a supervisor. I am told he will try to find one but the only thing I can do at this point is bring my account current. That I need to pay the $50k. I ask if he has a phone# for a contact in the US. He tells me no and then like a robot keeps saying I need to work out an arrangement to bring the account current.

[purplemonkey27]

Hi,.

 

 

I was following your advice from 12/28

 

if you have disputed with the CRA;s and it was verified,

 

you can file a complaint with the CFPB. against the CRA for inaccurate credit reporting -

 

or against Chase under mortgages.

 

Either way, Chase has corrected their reporting on all three reports as a result of it. Its getting them to recall the account from Ocwen that is now the problem and the fact that according the attorney,Chase owed me money after the sale.

 

Thank you for the suggestion on the Consumerist. I will check it out. I was contacted by a reporter from Bloomberg who was following this post also.

 

We shall see what happens.

Edited January 12, 2013 by purplemonkey27

[ICANHASMUNY?]

I'm sure that Chase will come up with all sorts of fees and charges that will eat up any surplus.

 

 

Nice to know that Bloomberg reporters trolls CB

 

(this does show up on Google search. )

 

lots of other stuff on google about Ocwen too....

[breeze]

Well, I wouldn't call it trolling. We have a lot of reporters here - we invite them. They do an important job of getting information out to other consumers, and often get help and attention for problems CBers post about on here.

[purplemonkey27]

Yes, I expect the same with the fees and to be honest I never cared enough to question the difference. I was just happy to be out from under the house with no one hounding me for money for those first rough couple of years. They were leaving me be, I was debt free. However, even though I have no doubt that the foreclosure proceedings have great expense, there is no way that those fees could equal $60,000...

 

I just want all traces of these Ocwen crooks erased. I can wait out the few more months for Chase to fall off, like I always intended to, but this new activity is damaging everything I've done right for the past 6+ years. I feel like one of those prisoners in the movies who is a good person but gets in a sticky situation and lands themselves in the big house, you all know the story... a model inmate just about to be paroled. I can taste the freedom (or in this case the low interest on the car and home I need) and BAM! somebody shanks a guard and I get left holding the evidence. I'Sabotaged! Nobody wants to investigate, For pete's sake, I'm a convict! Guilty! Parole Denied!

 

 

Dear credit warden- I did my time. I learned my lesson. I swear I'm rehabilitated. It really is a misunderstanding. Just set me free!!!!!

[ICANHASMUNY?]

It's not Ocwen's fault - Chase just sent the mortgage to them for servicing

 

I would wonder if the current owner of the house has recieved any foreclosure notices on the property?

 

such a farce.

[ICANHASMUNY?]

Well, I wouldn't call it trolling. We have a lot of reporters here - we invite them. They do an important job of getting information out to other consumers, and often get help and attention for problems CBers post about on here.

 

Sorry, since I've always loved to fish, I instinctively consider trolling different that what is meant in on the internet......

[purplemonkey27]

:yahoo:

 

Today, I received an apology email from Ocwen's consumer advocate dept, in response to my last stitch email to Mr. Faris, their CEO (my email was sent two days prior to me turning it over to an atty and included my intent to sue and take the story public). They have requested TU, EX, EQ and Innovis to delete all references to this tradeline! It's already off my TU and BONUS- Chase is gone too! Crossing my fingers that both will be off EX and EQ soon!

 

TU is golden baby! I'm almost CLEAN across the board. I was so happy at work today, I couldn't stop smiling! Thank you, Thank you, Thank you, credit boards members! Couldn't have done it without you and I can't wait to pay it forward and read an email like this from someone I have helped!

 

Now it's time to sit back and see if my attorney can collect me a down payment for my new house...

 

 

[ICANHASMUNY?]

21K from 2005 at 15% interest = 34, 039 and treble damages

 

$102,117.00

 

Funny how that worked out to the price they sold your house for...