Consumer complaint received 2021-05-10
Company: Ocwen Financial Corporation
State: NJ
Product: Mortgage
Sub-product: FHA mortgage
Issue: Trouble during payment process

Complaint:
The mortgage company Forged documents in my Foreclosure Proceedings. The backdated assignements to a closed trust. They did not follow the guidelines of the National Mortgage Settlement act and over an option prior to foreclosure or have an interview prior to foreclosing. The Mortgage company never purchased the loan from the prior lender because the prior lender was out of business when they said they purchased the loan. The assignments of mortgages are not attached to the orginal mortgage. PHH/Ocwen sold and FHA loan without it going onto the Market which is in violation of HUD and sold the home as a non arms lenghts transaction. XXXX XXXX had a court order in which it told OCwen and PHH to stop using their name when foreclosing because it was fraud, however in my case PHH/OCwen continued this practice because would not allow OCwen to foreclose so they created PHH which is owned by OCwen and then acted as if XXXX XXXX was the lender -- when XXXX XXXX  was never the lender. Owen created a fake assignment in XXXX and backdated it to XXXX to make it seem like XXXX XXXX  owned the loan. 

This is the XXXX that I submitted to PHH/Ocwen and XXXX XXXX and they have not replied XXXX XX/XX/XXXX XXXX XXXX XXXX XXXX XXXX, NJ XXXX Email XXXX XXXX : XXXX XXXX # XXXX FHA Case # XXXX XXXX : XXXX XXXX XXXX, XXXX, NJ XXXX XXXX : XXXX XXXX XXXX To Whom It May Concern In my title there are many discrepancies, like how can may loan be assigned to XXXX XXXX XXXXXXXX XXXX XXXX XXXX when the trust closed in XXXX. 

Because of that, I would like to have proof of all accounting records, including ledger statements and pooling agreements to show that XXXX XXXX actually purchased my loan. Please verify the IRS Tax Receipt showing the selling of my loan to XXXX XXXX  in XXXX. 

Please provide proof of payment to show that XXXX XXXX purchased both the mortgage and note. Need Dates Purchased and the amounts Purchased. 

How can a defaulted loan be assigned to a XXXX which is in violation of IRS Code and The Trust agreement? In XXXX this loan which was in default was assigned as a XXXX and placed into the XXXX closed Trust which violates XXXX Laws. Please provide proof that this loan was transferred, assigned, or sold to the XXXX. If it was not, please state that it was not transferred, assigned or sold in XXXX to the XXXX. 

When did you sell or assign the loan to Ocwen? Please provide all authority or sales information. 

PHH sold this home after the home went to foreclosure in the name of XXXX XXXX in XX/XX/XXXX. Please provide proof that funds were forwarded to XXXX XXXX from PHH. 

Please provide your chain a title, and explain how this loan which was in default could be assigned in XXXX to a trust that was closed in XXXX. And if the loan was in default how you were able to circumvent and assign the loan to the Trust when the trust clearly states no defaulted loans could be assigned to the trust? The trust closed XX/XX/XXXX. 

Please advise why there are unattached stamps and undated stamps on assignments on blank sheets of people when all assignments must be attached to the original? 







Please explain how PHH was able to sell an FHA mortgage after a foreclosure without the home being listed on the market which means it was a non-arm 's length transaction. 



Please advise how PHH/Ocwen was able to Foreclosure in the name of XXXXXXXX XXXX  when XXXX XXXX ordered PHH/Ocwen to stop using their name in Foreclosure proceedings. As of XX/XX/XXXX, Ocwen could no longer assign FROM Ocwen to another entity without first providing aa Assignment TO Ocwen. Please provide the assignment from Ocwen to Ocwen. 



Please explain these title issues A. The first Assignment does not appear to contain appropriate recording information for New Jersey. Mortgage in this Assignment is dated XX/XX/XXXX. It assigns to XXXX on XX/XX/XXXX, and is recorded on XX/XX/XXXX ( XXXX Pg. XXXX ) The original Mortgage was recorded on XX/XX/XXXX at XXXX at XXXX XXXX " XXXX ''. XXXX This is different than the info on the Mortgage itself, as it is dated XXXX ) B. The second Assignment, allegedly executed on XX/XX/XXXX, not allegedly notarized until XX/XX/XXXX, and not recorded until XX/XX/XXXX XXXX XXXX pg. XXXX ). Lists the original mortgage date as XX/XX/XXXX. XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXk XXXX in XXXX. The mortgage in this Assignment is dated " XX/XX/XXXX '' ...? If XXXX XXXX signed on XX/XX/XXXX, how did he come to appear before the notary on XX/XX/XXXX? Nothing in the record shows he did? 

C. Please provide Proof that my debt was listed in the Chapter XXXX BK and how the courts viewed the debt and what become of the debt due to the BK. On XX/XX/XXXX, XXXX XXXX XXXXe XXXX XXXX XXXX, XXXX XXXX XXXX XXXX XXXX, and XXXX XXXX XXXX  XXXX XXXX collectively, the Debtors ) filed under Chapter XXXX. { Cite as : XXXX XXXX XXXX XXXX XXXXXXXX XXXX } -- Thank you XXXX XXXX

Company public response: Company believes it acted appropriately as authorized by contract or law
Company response to consumer: Closed with explanation