Short Sale and Ocwen - Posted by marie (texas)

Posted by Jim FL on September 09, 2004 at 16:26:41:

rm,
Saul, ah, the sweet memories of working with this MORON!
I know exactly who you are talking about.
And you are correct, completely and totally useless.

The last time I dealt with this ‘Saul’, we were getting re-instatement numbers for a house with an Ocwen Loan (actually someone else, Ocwen was servicing it, according to ‘Saul’).
Anyway, THREE letters were faxed to me that day with THREE DIFFERENT (Radically different too) reinstatement amounts.
I of course liked the one that said, “ZERO”, but it was one of the wrong ones.

Anyway, just read your post, and thought it funny that we both have the same impression from this guy.

Take care,
Jim FL

Short Sale and Ocwen - Posted by marie (texas)

Posted by marie (texas) on September 08, 2004 at 09:30:15:

Anybody out there had any experience with a Short Sale transaction with Ocwen Bank?

All feedback GREATLY appreciated!

Thanks,
Marie (texas)

Re: Short Sale and Ocwen - Posted by JeffGinFL

Posted by JeffGinFL on September 09, 2004 at 06:21:34:

They have a large office right around the corner from where I work…and they have a terrible reputation - for doing anything.

I’m in Central Fla…I know that office was shut down due to lack of power recently…not sure if they’ve gotten power back yet but I believe they have.

Re: Short Sale and Ocwen - Posted by Joe

Posted by Joe on September 08, 2004 at 17:48:40:

Yes, I’ve done a successful short with OCWEN. One of my most frustrating short sales. The rep was one of the worst excuses for a professional I’ve ever dealt with.

I found the trick to get action was to call the OCWEN main switchboard, and ask the operator for the phone number of the supervisor of the Loss Mit dept.

Once I got the supervisor on the phone, it was smooth sailing. Sorry, but I don’t have the number anymore. Just look at the OCWEN website and call the main number.

Re: Short Sale and Ocwen - Posted by kwack41

Posted by kwack41 on September 08, 2004 at 13:55:09:

To date I have left 7 messages with the assigned “loss recovery” rep. She has yet to return one phone call. I have a auth. to release on file and still no answer. I’ll be interested to see what others think.

Re: Short Sale and Ocwen - Posted by kwack41

Posted by kwack41 on September 09, 2004 at 19:31:27:

I called the supervisor this afternoon and left a message. I hope I have as much luck as you.

I would appreciate any feedback you have on your deal or will share the details of mine if you want to contact me via e-mail.

thanks

Re: Short Sale and Ocwen - Posted by rm

Posted by rm on September 09, 2004 at 11:24:03:

Thanks for the tip.

Two at-bats with them so far and no results.

First guy I worked with (against? without?) was named Saul.

Completely and totally useless.

Even when I was able to talk with him (twice) we got absolutely nowhere… it was like talking to a wall… and he absolutely didn’t care if anything ever got accomplished.

Re: Short Sale and Ocwen - Posted by kwack41

Posted by kwack41 on September 08, 2004 at 20:17:48:

Do you mind sharing a few more details on your deal? Were they 1st or 2nd postion. How much did they discount etc.

Thanks, Karen