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OCWEN

Has anyone done a deal with OCWEN?  On their forms it states commissions cant exceed 4%, is this true?

Members: 31
Latest Activity: yesterday

Discussion Forum

BEST NUMBER FOR ESCALATION.

Started by E C Hong Apr 20. 0 Replies

1-800-390-4656OREMAILombudsman@ocwen.com you'll get a phone call in about couple of hours.Continue

HELP with Ocwen!

Started by Stacie A. Kramer. Last reply by Real Estate Mar 19. 2 Replies

I sent over a HAFA short sale package to Ocwen on 10/19. This is a non-GSE loan and my client's husband passed away, which is the hardship, along with many leftover medical bills. Ocwen keeps telling…Continue

Tags: approval, sale, short, hafa, ocwen

Have Short Sale with Litton but Ocwen took over Litton and no loan number? Anybody had experience?

Started by Dan Hawkins CRS SFR CSSG CDPE Jan 6. 0 Replies

I have a Short Sale approved with BOA 1st and BOA second. The second was sold to Litton during the SS process and then Ocwen took over Litton in the last 45 days. Now Ocwen tells me can not find loan…Continue

Help Ocwen Issues Extending Short Sale

Started by Andy Morris Dec 20, 2011. 0 Replies

Help Ocwen approved a short sale.  We asked for an extension on it for an extra week.  They say they will give it,  A week later we are told sorry you you need to offer higher you have been denied. I…Continue

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Comment by Teral McDowell on March 9, 2012 at 1:43am

I am representing a buyer on a short sale with OCWEN primary and GMAC secondary. It is good to read some positive comments on OCWEN.

Comment by Angelica Molina on March 8, 2012 at 3:06pm

Hello Christina-  They don't have a direct # for the  Short Sale Dept. I enjoyed the last short sale I closed  with OCWEN. 

Comment by Christina Simmons, CSSG,SFR,ABR on March 8, 2012 at 2:09pm

Is there a phone number to short sales dept for Ocwen anyone?

Comment by Helena Kaucheck on March 7, 2012 at 12:00am
Normal 6% commissions all. Fannie loans.
Comment by Helena Kaucheck on March 6, 2012 at 11:59pm
I have closed a few this year with Ocwen and one as a HAFA. Surprisingly very good to work with. Communication may be a bit delayed but I actually have come to like working with them.
Comment by Chris Vega on March 6, 2012 at 10:50pm

I am preparing for a short sale listing; 1st Servicer: Ocwen Loan Servicing, LLC Investor: Deutsche Bank National Trust Company as Trustee and 2nd Servicer: CitiMortgage, Inc. Investor: Citibank, N.A.. Homeowner has real hardship due to loss of employment and medical events. 1st Balance =$372,000, 2nd Balance= $100,000, Total Principal Balance= $472,000; FMV= $299,000 max. I'll keep this group posted with updates.

Comment by Jose Hernandez on February 1, 2012 at 9:34am

I just closed another one with Ocwen and they paid 6%

Comment by E C Hong on October 31, 2011 at 9:40pm
Is it possible to purchase mortgage notes directly from the OCWEN?
If it is, i'll be really appreciate if someone posts their direct contacts.
Comment by Wendy Smith on October 18, 2011 at 12:16pm

For anyone who has had HAFA HUDs kicked back with Ocwen citing 8% cap on closing costs - Line 1400 cannot 8% of the sale price. 

Also, Section E must include the seller's address, not just the name.

After going back-and-forth about this 8% for weeks on one of my files, finally a manager with the escalation team defined "closing costs" - when speaking to some of the negotiators, etc, they were including ALL expenses as "closing costs" - impossible to keep at 8%

hope this saves some aggravation for others

Comment by Helena Kaucheck on September 6, 2011 at 12:54am
The Ocwen ones I've completed all paid 6%...
 

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