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Top Class Actions viewers are starting to receive checks in the mail from a Ocwen Loan Servicing voluntary claim program established over accusations that the company sent misdated letters to borrowers that may have resulted in a foreclosure referral.
According to reader comments, Class Members who submitted timely and valid claims for the Ocwen misdated letters claim program started receiving checks worth as much as $2,000 on Oct. 24, 2016.
If you filed a claim for the Ocwen program, keep an eye on your mailbox because checks are on their way!
The Ocwen misdated letters claim program resolves allegations initially brought by New York Department of Financial Services Superintendent Benjamin Lawsky.
According to Lawsky, possibly hundreds of thousands Owen borrowers received a letter denying a mortgage loan modification with erroneous information.
The borrowers allegedly received the denial letter which informed the recipient that they had 30 days to file an appeal. However, the date on the letter was set more than 30 days prior to the mailing date so borrowers may have thought the deadline to file an appeal had already passed.
Class Members included Ocwen borrowers who received a misdated letter between Jan. 1, 2012 and Dec. 31, 2014 and were then referred for foreclosure.
Ocwen voluntarily set aside $100 million to compensate eligible Class Members.
The deadline to file a claim for the Ocwen misdated letters claim program passed on May 2, 2016.
Congratulations to our Top Class Actions readers who submitted a valid claim and got PAID! If you missed out, sign up for our free newsletter to receive updates on new class action lawsuits and settlements. You can also check out which class action settlements are still accepting claims in our Open Class Action Settlements section.
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58 thoughts onOcwen Misdated Letters Claim Program Checks in the Mail
I just called again today (12/21/16) and was told my claim is still in review. Really? This is so ridiculous! I almost, ALMOST, feel silly continuing to call but hey I’m a consumer and a court of law has ruled that Ocwen knowingly and willing defrauded customers so….I told the rep that I will be calling daily because I haven’t received a denial letter and if I’m getting a check I would like to know in advance.
On another note, Ocwen doesn’t seem to have any issues paying these customer service reps to field our calls….
Still waiting to hear from them one way or the other.
Hi do you you have the number so i can call them? I get the same run around. Been so Long i need to call them Again.
This is a little bit ridiculous. I’ve never seen such…
Received my check for $500.00 on December 19, check was dated December 14, and the letter was dated December 14. They started the foreclosure process, then they reversed it. I thought I would get more for that mistake ! …
I have email them on several occasions this month and the response I get every time is “We are looking into your inquiry and will get back to you as soon as possible.
Has anyone received a denial to their claim? I’ve been calling, and I get the same speech eveeytime. Now, one of the representatives told me that they have until the 31st to mail out checks or notices…
I just called and was told the same “still in review” and checks would be mailed in late 2016. Clearly that’s the script..at this point I will be calling back daily to check the status. It’s December 14, how could the “review” process still not be complete?
IMO, Ocwen is still taking advantage of consumers by intentionally holding on to these funds, while collecting interest, and waiting until the last day of the month to release checks before they can be penalized!
I called AGAIN on December 5th.Was told i am still in “review” and they expect to send all checks by late 2016! I replied that it is ALMOST 2017! Was told to call next week..And i will
Any further updates? I haven’t received anything at all.
I received $750 check, looks like it is lower than others. Is there any benefit to contacting Ocwen to make sure I am not eligible for more? Thanks
You should definitely contact Ocwen with any questions about your claim. Here’s the contact information: http://www.ocwenmisdatedletterclaims.com/en/Home/ContactUs
I have not received my check yet, I am in Minnesota
Give them a call. I just did and they were very nice. I was told mine is still in review and checks are expected to be mailed at the end of December. 877-919-9184. Good luck!
Seems like the “C’s” received checks in October. “Clarke”
Got mine! $2000 Wisconsin
Seems like the “C’s” received checks in October. “Clarke and Cokes” Maybe M through Z by December 31?
I’m a “C”. Nothing yet. During my last call to them, I was told my case was under review, and that we would either receive a check or a denial letter by the end of December. Still nothing. Has anyone gotten a denial letter?