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This settlement is closed!
Please see what other class action settlements you might qualify to claim cash from in our Open Settlements directory!
Ocwen Loan Servicing has set aside $100 million to voluntarily settle accusations that borrowers may have received misdated letters from the company that resulted in a referral for foreclosure.
New York Department of Financial Services Superintendent Benjamin Lawsky initiated allegations against Ocwen of backdating potentially hundreds of thousands of letters to borrowers which was likely to cause them “significant harm.”
According to Lawsky, these borrowers received a letter from Ocwen which denied a mortgage loan modification and informed the recipient that they had 30 days to file an appeal. However, the letters were allegedly dated more than 30 days prior to the mailing date so that by the time borrowers received the denial, the 30 days to file an appeal had already passed.
In a statement given by Ocwen on the Misdated Letter Claim Program website, the company says it “sincerely regrets any difficulty these letters may have caused and is committed to preventing such errors in the future.”
Borrowers have until May 2, 2016 to file a Claim Form to receive payment from Ocwen. According to the loan company, the majority of claims are reviewed and processed within 180 days after submission.
UPDATE: On Oct. 24, 2016, Top Class Actions viewers who submitted timely and valid claims for the Ocwen misdated letters claim program started receiving checks worth as much as $2,000!
Who’s Eligible
Eligible Ocwen borrowers included in this program are all individuals who received a misdated letter between Jan. 1, 2012 and Dec. 31, 2014 and were subsequently referred for foreclosure.
Potential Award
$300 – $3,000
Individuals who believe they were negatively affected by the Ocwen misdated letter and submit a Claim Form are expected to receive a payment between $300-$3,000 per loan.
Proof of Purchase
N/A
To receive payment from this program, individuals must file a Claim Form. Those who are able to attach copies of Ocwen letter(s) showing the misdated document, will have their Claim Form processed quickly. Regardless, Claims will be considered even if documents are not provided.
Claim Form Deadline
05/02/2016
Case Name
N/A
Settlement Website
Claims Administrator
Ocwen Misdated Letter Claims
PO Box 4349
Portland, OR 97208-4349
877-919-9184
info@OcwenMisdatedLetterClaims.com
Fax: 1-844-898-4508
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124 thoughts onOcwen Misdated Letters Claim Program
Still waiting….
Got my check today check you mail boxes dated November 22 2016
This is getting really stupid, Ocwen has pushed back it’s timeline twice. The Obama Adm. let the banks and this scandalous outfit do whatever it wants.
Ocwen’s corrupt staff has illegally falsified paperwork, stolen homes and ruined people’s lives.
These idiots probably can’t find and/or lost a lot of files and info.
Hopefully this new Adm. comes down hard on these criminals and shuts them down!
I called today and was informed that now, decision letters would be mailed out at the end of Nov/ early Dec.
No other info given. Call them and see if you hear anything different.
Anyone else receive checks or denial letters? It’s been 13 months now for me…
I received my check for $300.00??? I didn’t get an explanation on how they got that amount…I almost lost my home 4 yrs ago and I get a $300 chk? Why didn’t I get more?? I got the lowest amount without an explanation…Can I get an explanation?
You got 300.00 you should have got more Lee Steetlement people got 5,000 off the top something is wrong with this picture it’s not right
Jackie, no this is the Ocwen Misdated Letter Settlement
I’m still waiting….sent my claim in over a year ago. “Still in review” they say…
I called was told they mailed a check Oct 20 still haven’t gotten anything I’m in CT
Are this check for LEE VS OCWEN
I think the check is for Lee Steetlement they people got paid 5,000 off top you think they care about us homeowners don’t think so I’m in Fla they still keep lieing saying they don’t have a list but watch yourself cause they are passing out 300.00 checks or nothing at all Lee people got paid but we as the victims are being treated like dogs or nobody’s Ocwen don’t care or Lee Steetlement they are working together against the homeowners who was taking advantage of with the bs force insurance some people lost there homes do they care hell no
Everyone who has received checks so far when did you file your claim. I had to file on behalf of my parents who passed away lost our family home that I lived and great up in for 30 years because of them refusing to assist me due to my name not being on deed and they foreclosed without me knowing and auctioned without notifying me when they had info when I contacted them about a deed transfer. I want to take them to court for more!!!?
Hey Jessica sorry for your loss but unless we all come together and hire a lawyer to file suite against Lee Steetlement and Ocwen they are not right and they don’t care about the homeowners it’s all about themselves. Lee Steetlement who supposed represent the homeowners paid its people 5,000 off top now I thought Lee Steetlement would take care of the victims first but all they want to send homeowners is 300.00 now something wrong with this picture. Now Lee Steetlement and Ocwen need to be stop all homeowners need come together and file suite and make a stand now if we stand together we can make a change