Consumer complaint received 2016-06-13
Company: Ocwen Financial Corporation
State: CA
Product: Mortgage
Sub-product: Conventional fixed mortgage
Issue: Loan modification,collection,foreclosure

Complaint:
Dear Sir/Madam, I have concluded an extensive investigation and analysis of various documents associated with my Loan and the purported transfers and assignments thereof. These documents include : the Trust Deed, Note, and relevant foreclosure documents. 

I have determined there was apparent fraud involved with respect to several parties involved in invalid transfers/assignments of the Deed of Trust and Note relating to the above-mentioned property address. The invalid and fraudulent conveyance of rights, title and interest created lack of authority to transfer, substitute, or convey rights, title and interest of our Client 's property rights in relation to Deed of Trust, dated XXXX/XXXX/XXXX and recorded XXXX/XXXX/XXXX. 
As an additional matter, I am alarmed with the manner in which I have been treated by Ocwen Loan Servicing, LLP 'S representatives. OCWEN 's representatives have made blatant misrepresentations causing me serious damages, including the potential foreclosure of my home. The above-mentioned violations subject you to sanctions and nullification of the loan and the substantial nature of this claim may exceed the policy limits on any and all insurance policies issued that cover these types of risks. 
There are many legal issues here ; ( 1 ) Here, there is a lack of clarity as to the identity of the real party in interest with the power to foreclose. I contend that through their own actions, none of the parties involved actually continued to hold valid standing to foreclose when the foreclosure occurred. 

From the recorded documents I have retrieved it appears that XXXX XXXX XXXX , XXXX was the original Lender as of XXXX/XXXX/XXXX ( Exhibit " A '' ). However, the Notice of Default and Election to Sell Under Deed Of Trust recorded date XXXX/XXXX/XXXX ( Exhibit " B '' ) states that contact : C/O XXXX XXXX. 

Then on XXXX/XXXX/XXXX XXXX XXXX XXXX, XXXX XXXX, as trustee for XXXX XXXX XXXX , XXXX Mortgage Loan Trust, Mortgage Pass-Through Certificates SEries XXXX was apparently assigned the Deed of Trust by XXXX ( Exhibit " C '' ). 
Then a Substitution of Trustee was file on XXXX/XXXX/XXXX Name XXXX XXXX XXXX XXXX XXXX XXXX , XXXX as a trustee under said Deed of Trust. sign by Ocwen Loan Servicing , LLC as Attorney in Fact. 
Then a Notice of Trustee Sale, dated XXXX/XXXX/XXXX and recorded XXXX/XXXX/XXXX ( Exhibit " E '' ) was filed under the name of either XXXX XXXX XXXX , XXXX, as the only reference to the investor listed was the details of the original Deed of Trust 's recording information, or the apparently newly assigned investor, XXXX ''. Finally, the Assignment of Deed of Trust, dated XXXX/XXXX/XXXX cross out and and have another dated XXXX/XXXX/XXXX and recorded XXXX/XXXX/XXXX ( Exhibit " F '' ) shows XXXX XXXX XXXX, XXXX XXXX, as trustee for XXXX XXXX XXXX , XXXX Mortgage Loan Trust, Mortgage Pass-Through Certificates SEries XXXX, as the new assignee of the Deed of Trust, Dated XXXX/XXXX/XXXX & recorded XXXX/XXXX/XXXX. 
I did email their trustee fax to OCWEN and their trustee NOTICE OF INVALID INSTRUMENT ( S ) AND NOTICE TO CEASE AND DESIST and they continue to ignor my request. ( Exhibit " G '' ) Based on the above analysis, I contend that OCWEN has violated several recording laws and has fraudulently obtained loan documents and are attempting to foreclose on my property. 
Moreover, I demand that OCWEN bring the Original Note to the undersigned so that I can analyze the Note for proper transferring signatures, dates, allonges, etc. As it stands now, it is clear that OCWEN does not have standing to bring this foreclosure action and OCWEN must promptly halt the foreclosure process. 

Very Truly Yours, XXXX XXXX

Company response to consumer: Closed with explanation