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Ely, Counselor at Law
Category: Real Estate Law
Satisfied Customers: 102505
Experience:  Qualified attorney in private practice including business, family, criminal, and real estate issues.
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Ocwen servicing inserted a mortgage dispute to the 3 credit

Customer Question

ocwen servicing inserted a mortgage dispute to the 3 credit bureau`s. that action blocked anyone from getting my score so i could refinance my home .i called them about this & they said they would have it removed. this was on or before jan. 12, 2016 it`s still there. help me
Submitted: 1 year ago.
Category: Real Estate Law
Expert:  Ely replied 1 year ago.

Hello and welcome to JustAnswer. Please note: This is general information for educational purposes only and is not legal advice. No specific course of action is proposed herein, and no attorney-client relationship or privilege is formed by speaking to an expert on this site. By continuing, you confirm that you understand and agree to these terms.

I am sorry to hear about this. First of all, are you sure that you do not have a FRAUD ALERT of SECURITY FREEZE on your file? Or, you do not now what these are? Have you alleged identity theft in the last year?

This is not an answer, but an information request. I need this information to answer your question. Please reply, so I can answer your question. Thank you in advance.

Customer: replied 1 year ago.
i was told it was a mortgage dispute by quicken loans and verified by ocwen
Expert:  Ely replied 1 year ago.
Thank you.
A dispute on credit card history should not block a credit score. If there is a dispute, then the credit score is still generally available even while the dispute is pending.
It may be that whoever is pulling your credit report(s) is refusing to consider a report with a dispute on it. So it is not the dispute blocking the credit score, but the entity that is pulling the credit which will not use a report with a dispute on it.
Now, a dispute means that you and Ocwen are in disagreement about something. Normally if you feel you are right, I would say let the dispute work its way out until the credit bureau(s) makes a decision. However if you are on a time crunch, then someone in your situation may wish to contact the credit bureau(s) and state that someone in your situation does not object to Ocwen's version of the events, and then the dispute would be resolve - in Ocwen's favor. The bad news is that this may damage your credit a bit. The good news is that the dispute would go away.
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Expert:  Ely replied 1 year ago.
Hello again. This is a courtesy check in to see if you needed anything else in regards ***** ***** question because you never responded or replied positively. I am simply touching base. Let me know. Thanks!