Last year, along with authorities from 49 states and the District of Columbia, we ordered Ocwen Financial Corporation and Ocwen Loan Servicing to provide $ 125 million to foreclosure victims.
The National Ocwen Settlement Administrator is responsible for handling settlement claims and has created a website with information for consumers who were harmed by Ocwen’s actions.
Submit your claim online or by mail
The National Ocwen Settlement Administrator has contacted foreclosed borrowers and mailed notice packages last week. Once the materials arrive, you can submit your claim online. You’ll need your personalized claimant ID number (located on the form you receive in the mail) to complete your submission. Be sure to submit the online claim form by September 15, 2014.
If you choose to submit your claim form by mail, follow the instructions in the materials you receive in the mail from the National Ocwen Settlement Administrator. Claim forms submitted by mail must be postmarked by September 15, 2014.
You won’t receive a settlement if you don’t file your claim. All eligible borrowers who submit valid claims will receive an equal share of the $ 125 million. If you receive payments, you will not have to release any claims and will be free to seek additional relief in the courts.
Filing a claim is free
Watch out for scammers claiming that they will help you with your claim. When large numbers of consumers get refunds, scammers sometimes pop up. The scammer may charge you a fee or try to steal your personal information. If someone tries to charge you, tries to get you to disclose your personal information, or asks you to cash a check and send a portion to a third party in order to “claim your refund,” it’s a scam. Call us at (855) 411-2372.
Still have questions?
If you have questions about your claim, eligibility, or the settlement, check out the commonly asked questions or call the National Ocwen Settlement Administrator at (866) 783-5382, Monday through Friday, 7 a.m. – 7 p.m. CT.