Consumer complaint received 2025-10-15 00:00:00
Product: Mortgage — FHA mortgage
Issue: Closing on a mortgage — Closing disclosure or other related disclosures
Company: Ocwen Financial Corporation
State: TN

Complaint narrative:
I. NATURE OF CASE XXXX. The XXXX  through the years has owned up to XXXX XXXX XXXX XXXX, out of the XXXX XXXX, Documentation reveals XXXX XXXX XXXX XXXX XXXX Conglomerate of Servicers, has performed some sort of Mortgage Fraud, Predatory Lending, Foreclosure Fraud, Fraudulent transfer and currently in XXXX XXXX XXXX for violating a XXXX XXXX XXXX granted for the following properties owned by the XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX, TN XXXX b. XXXX XXXX XXXX XXXX XXXX, FL XXXX XXXX XXXX XXXX XXXX XXXX, TN XXXX XXXX XXXX XXXX XXXX XXXX XXXX, FL XXXX XXXX XXXX XXXX XXXX XXXX, TN XXXX XXXX XXXX XXXX XXXX XXXX XXXX, FL XXXX XXXX XXXX XXXX XXXX XXXX, TN XXXX XXXX. Over the past 2 decades, the XXXX  has filed various Bankruptcy cases defending the XXXX XXXX XXXX properties from XXXX XXXX XXXX XXXX XXXX  XXXX  : a. MORTGAGE LENDERS NETWORK XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX held the note to all of XXXX XXXX while each property was serviced by members of its Conglomerate. Documentation identifies that XXXX XXXX XXXX XXXX XXXXXXXX is the common point to every fraudulent transaction within this Complaint and is the main reason there is a Mortgage Crisis today. 

XXXX. On XX/XX/year>, in bankruptcy case XXXX, the Honorable XXXX  XXXX XXXX conducted XXXX XXXX that valued XXXX XXXX XXXX XXXX XXXX  at that time. The Honorable XXXX  XXXX granted Motion to Value where each Property the XXXX  owned was appraised and the appraised value became the Outstanding Principal Balance for each property. The Monthly payment was reduced to 5.25 % of the appraised value with 30 years fixed interest rate for the mortgage. 

The Warranty Deed to all XXXX properties identifies that XXXX XXXX XXXX XXXX XXXXXXXX holds the note to all XXXX properties while various Servicers of its Conglomerate serviced each property. 

The Table below highlights Fraud among various Conglomerates servicing for XXXX XXXX XXXX  XXXX XXXX. All six properties were purchased within the years XXXX approximately XXXX 6 years prior to the hearing on XX/XX/year>. The PROOF OF CLAIMS filed for each property of bankruptcy case XXXX reflects that for all XXXX properties, the Outstanding Principal Balance was not decreasing as a normal mortgage but instead the Outstanding Principal Balance was increasing drastically without legal reason. 

The Honorable Judge XXXX XXXX  granted orders that reflect 30 years 5.25 % fixed interest rates, and the Outstanding Principal Balance was the result of the appraised property. The data in the tables below can be referenced from Public Access to Court Electronic Records ( PACER ). Under PACER, you can reference the Proof of Claims to justify the ridiculous fraudulent increase of the Principal Balance of each property 5 years after the Plaintiff purchased each property. 

Bankruptcy Case XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX  FRAUD Apprd Value XXXX XXXX XXXX {$140000.00} {$240000.00} {$170000.00} XXXXXXXX XXXX XXXX XXXX XXXXXXXX {$110000.00} {$160000.00} {$75000.00} XXXX XXXX XXXX XXXX XXXX {$210000.00} {$390000.00} {$110000.00} XXXX XXXX XXXX XXXX XXXX {$140000.00} {$170000.00} {$95000.00} XXXX XXXX XXXX XXXX XXXX XXXX {$170000.00} {$340000.00} {$170000.00} XXXX XXXX XXXX XXXX OF A {$100000.00} {$140000.00} {$85000.00} XXXX XXXX {$890000.00} {>= $1,000,000} {$720000.00} Bankruptcy XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX {$880.00} {$240000.00} {$170000.00} {$66000.00} {$370.00} {$160000.00} {$75000.00} {$87000.00} {$610.00} {$390000.00} {$110000.00} {$280000.00} {$500.00} {$170000.00} {$95000.00} {$76000.00} {$850.00} {$340000.00} {$170000.00} {$170000.00} {$420.00} {$140000.00} {$85000.00} {$60000.00} {>= $1,000,000} {$720000.00} {$740000.00} These are the Conglomerates who serviced the inflated Proof of Claims on behalf XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX. The fraudulent transactions within the Proof of Claims are inflated on behalf of XXXX XXXX BANK XXXX XXXX because this entity owned the notes to all of XXXX XXXX and the Conglomerates were servicers for the XXXX, XXXXXXXX XXXX XXXX XXXX 

The table below highlights the new monthly payments for all XXXX properties granted by the Honorable Judge XXXX XXXX  at each MOTION TO VALUE hearing. All Outstanding Principal balances were reduced to the appraised value. This reduction represented {$740000.00} in overrated Proof of Claims for Bankruptcy Case XXXX. 


FACTS XXXXXXXX XXXX XXXX XXXX XXXX XXXXXXXX held the notes for the following properties owned by the XXXX. 

XXXX XXXX XXXX XXXX XXXX XXXX, TN XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX, FL XXXX XXXX XXXX XXXX XXXX XXXX, TN XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX FL XXXX XXXX XXXX XXXX XXXX XXXX, TN XXXX XXXX XXXX XXXX XXXX XXXX XXXX, FL XXXX XXXX XXXX XXXX XXXX XXXX, TN XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX utilized the following Conglomerates to service all properties belonging to the XXXX. Every year the Conglomerates would rotate each property and transfer the XXXX to a different Conglomerate. Documentation identifies that during each transfer of mortgage to a new Conglomerate of XXXX XXXX XXXX  XXXX XXXX, the Outstanding Principal Balance increases drastically with probable cause that a crime has been committed, a. XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX  Below are lawsuits against XXXX XXXX XXXX XXXX XXXX  Conglomerates based on Mortgage Fraud, Predatory Lending, Fraud. Currently all Conglomerates including XXXXXXXX XXXX XXXX XXXX XXXX are in Contempt of Court for violating the Motions Granted on XX/XX/year>, for all the Properties owned by the XXXX. The Motions required for each Property owned by the XXXX, to be reduced to the Appraised value. The Appraised value of each Property became the Outstanding Principal Balance for each Property, while the monthly payment was fixed to 5.25 % interest rate for 30 years based on the appraised value. 

XXXX XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX did not respect the Orders of the Honorable Judge XXXX XXXX for every property owned by the XXXX. The Principal Balance did not decrease to the appraised value for all properties owned by the XXXX. For the past XXXX years the mortgage payment has been increasing for XXXX XXXX XXXX XXXX XXXX XXXX TN XXXX, which is an obvious XXXX XXXX XXXX XXXX 

XXXX XXXX serviced the Debtors property XXXX XXXX XXXX XXXX, TN XXXX on behalf of XXXX XXXX XXXX XXXX XXXXXXXX, immediately after XXXX XXXX XXXX XXXX XXXX  serviced the property. XXXX XXXX XXXX XXXX XXXX received an order in Bankruptcy Case XXXX to reduce the Outstanding Principal Balance for the property XXXX XXXX XXXX to {$85000.00} while the monthly payment is {$420.00} fixed for 30 years. Although the Honorable XXXX  XXXX granted the Order in XXXX, XXXX XXXX XXXX XXXX XXXXXXXX and XXXX XXXX XXXX XXXX XXXX  disrespected the Order. XXXX XXXX XXXX XXXX XXXX immediately sold the loan to XXXX XXXX for {$180000.00} instead of reducing the Outstanding Principal Balance {$85000.00} as ordered by the Honorable XXXX  XXXX XXXX. For XXXX  years the XXXX  paid {$740.00} a month instead of {$420.00} because XXXX XXXX just like the other Conglomerates, rejected the payment based on the Honorable XXXX  XXXX  Order. The Mortgage Statement for XXXX XXXX highlights XXXX Principal Balances that total {$180000.00}. The monthly statement for XXXX XXXX is the data to prove that XXXX XXXX XXXX XXXX XXXX  and XXXX XXXX are in Contempt of Court for violating the Honorable Judge XXXX  Order. 
XXXX. XXXX XXXX XXXX XXXX  last monthly statement for the property XXXX XXXX XXXX XXXX, TN, prior to selling the loan to PHH MORTGAGE reflected two Principal Balances. One Principal Balance reflects {$160000.00} and the other Principal Balance reflects {$72000.00} totaling {$230000.00} sold to XXXX XXXX  The last monthly statement reflects that XXXX XXXX XXXX XXXX  is in obvious XXXX XXXX XXXX based on the last Monthly statement sent to the XXXX. On XX/XX/year>, the day the Honorable XXXX  XXXX granted all the XXXX  properties a fixed interest rate based on the appraised value, property XXXX XXXX XXXX XXXX, TN XXXX appraised for {$75000.00}. The monthly payment was reduced to {$370.00} based on the appraised value and fixed for 30 years in the order granted from the Honorable XXXX XXXX. XXXX XXXX XXXX XXXX  statement did not reflect XXXX  XXXX  Orders, as a matter of fact the last statement reflects the fraudulent Proof of Claim figures from bankruptcy case XXXX.

Company response to consumer: Closed with explanation