Consumer complaint received 2023-02-19
Company: Ocwen Financial Corporation
State: FL
Product: Mortgage
Sub-product: Conventional home mortgage
Issue: Struggling to pay mortgage

Complaint:
I would like to get my share of the recent CFPB settlement with WELLS FARGO BANK for wrongful foreclosure as described below on my prior complaint # XXXX. I understand this claim can be sent through CFPB to WELLS FARGO. 

YOUR COMPLAINT Wells Fargo as trustee for XXXX XXXX XXXX XXXX foreclosed and sold my house yet according to the SEC records XXXX trust never existed. I called the SEC also and they confirmed that the trust never existed/was never registered/no XXXX. This nonexistent entity foreclosed, sold and collected secondary insurance through the alleged servicer XXXX XXXX located in XXXX XXXX XXXX Florida. How could this happen? 

XXXX is lying as they have done the whole case/totally fraudulent. Here attached is proof that they made a claim to XXXX XXXX XXXX lnsurance Company XXXX XXXX XXXX XXXX XXXX, NC XXXX for my mortgage/they are lying that no claim was made. XXXX should be shut down and all the wrongs done against customers be reversed. XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX, FL XXXX XXXX : XXXX XXXX XXXX XXXX ' # XXXX XXXX Property Address : XXXX XXXX XXXX XXXX XXXX FL XXXX Original Creditor : XXXX, XXXX Loan Amount : Loan Number : Insured : XXXX XXXX XXXX XXXX XXXX XXXX XXXX  XXXX XXXX XXXX, NC XXXX T : XXXX XXXX XXXXXXXX XXXX {$220000.00} XXXX XXXX XXXX XXXX XXXX XXXX Dear XXXX XXXX XXXX : This letter concerns the deficiency remaining on the above-referenced loan. As the private mortgage insurer of the loan, XXXX XXXX XXXX XXXX XXXX ( " XXXX XXXX '' ) has paid a claim on behalf of its insured, XXXX XXXX XXXX and has been assigned and or is fully subrogated to the rights of its insured to assert claims against you as a result of your default in payment on the loan and the resulting deficiency after the foreclosure sale. XXXX XXXX is limited by the contract of insurance with its insured to recover only the amount of the Claim it Paid {$110000.00}, which in this case, is less than the Deficiency {$230000.00}. Demand is hereby made for payment of the sum of {$110000.00}. If this debt is not disputed, mail to this office a check made payable to XXXX XXXX for the full amount due and owing that must be postmarked no later than thirty ( 30 ) days after receiving this letter. If you are unable, ,to send the balance in full., please contact our, office to discuss repayment arrangements. Should you have any questions concerning this matter, you may call me at XXXX. You are encouraged to contact our office to discuss this matter, as we remain interested in resolving this matter amicably. Note that this letter is attempting to collect a debt and any information we obtain will be used for that purpose.l NOTE : IMPORTANT INF0RMATION MAY BE FOUND ON THE SECOND PAGE OF THIS NOTICE. 1. If you are in bankruptcy or received a Bankruptcy discharge of this debt, this letter is not an attempt to collect. 

YOUR CONTACT INFORMATION XXXX XXXX XXXX XXXX XXXX XXXX XXXX Pl XXXX, Florida XXXX United States MORTGAGE ADDRESS SAME AS MAILING ADDRESS No MORTGAGE ADDRESS XXXX XXXX XXXX ct XXXX, Florida XXXX

Company response to consumer: Closed with explanation