Why Indymac/ One West Always Forecloses!
Posted by admin | Posted in Uncategorized | Posted on 29-12-2009
Tags: bailouts, bank of america, banks, FDIC, foreclosure, HAMP, homeowner, housong crisis, Indymac, indymac bank, loan modification, loan modifications, Making Home Affordable Plan, market value, mortgage, mortgage crisis, mortgage meltdown, One West, principal reductions, real estate, recession, Shared Loss Agreement, Short Sale, short sales, subprime lending, TARP, wells fargo bank
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Anatomy of a Government-Abetted Fraud: Why Indymac/OneWest Always Forecloses
Written by: Patrick Pulatie
CEO for Loan Fraud Investigations (LFI)
I had been trying to get One West to honor my loan modification that Indymac had given me before they went belly up. Indymac modified my loan and lowered my interest rate and then when One West Bank took over my loan they revoked my loan modification due to the contractual agreement that they had with the