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After facing foreclosure, I contacted the bank and applied for the President's Home Modification Program. They put the foreclosure on hold while they were working on the program. I called them frequently for updates and was always told they were still working on it and everything was still on hold, not to worry. Yesterday (7-28), I received a Notice to Vacate and that my house was sold at auction by the bank. I find this highly unethical, if not illegal, and would like some help in rescinding this sale.
The complaint has been investigated and resolved to the customer’s satisfaction.
I to have not one good word to say about OneWest Bank/IndyMac. I tried for two years to get a modification and all they do is give you the run around. Unfortunately, I ended up going with a company known as US Mortgage Solutions to try to solve my problem with this loan industry. I ended up getting scammed. Which now I am so leary of any of these companies. As a whole, we need to start the ball rolling and start to complain to the Attorney General's office about OneWest Bank/ IndyMac. I called and the Attorney General's office in CA, public Inquiry([protected]) and if they get a lot of complains they will start a class action on this bank. I have not received a payment statement from OneWest Bank for 14 months. I am pretty sure this is illegal to do this. I've called their customer service (which sucks big time) I get...Good Bye. Thank God for my online banking I just submit my amount.
I have a pick a pay loan and I know this year the amount that I will have to pay is going to be outrageous. I to will be loosing my home. The Attorney General's office went after Wachovia & Wells Fargo on a class action suit and won. So it can happen if we all do our part.
Thanks!
Arlene
so... ONE WEST BANK in CA is the bank that "accidently" tore down existing structures on "SOLD AS IS" property we've had under contract for a month--due to close in two weeks. now ONE WEST BANK in CA is refusing to offer more than $2500 on over $10k worth of damage and destruction. these guys are thieves and [censor]s. there, i said it.
I totally agree with you on your comment doublescret. They will get away with anything until the Federal Government does something about this. These banks (Federal) make money on every foreclosure that happens, that is why our government is in the [censored]hole! Obama needs to start going after these federal banks and stop giving them the money plus the writeoff. I was quoted that my investors will not even look or do anything with my modification. I truly thought that when you have a loan like mine a Pick a Pay loan they were to at least negotiate the loan, never happened. They are down right croaks and the government should do something about this bank; afterall there are enough of us that have had problems with them. That is why I have stated to contact the Attorney General office and start a class action. We all need to stand up to them.
The point that most every homeowner is missing concerning Onewest Bank is that once your mortgage was securitized, it became a stock, uncollateralized, and uncollectable. In most cases the FDIC as receiver for Indymac had nothing to transfer to Onewest concerning your mortgage. Onewest can't modify your mortgage because they dont own your mortgage. In reality nobody does if it has been securitized. What they are attempting to do and are doing every day is stealing peoples property by illegally foreclosing. By foreclosing they can pretend to purchase the property at auction thus giving them a sham basis in the property where one did not exist before the foreclosure sale. They are mafia grade thugs stealing properties everyday. Why attempt to modify instead go on the offensive with these [censor] and file a quiet title action to get the bogus Indymac lien off your property which will completely do away with onewest and their bogus mortgage or foreclosure. Look into it and do it because they can not prove a valid claim against your property. Defend your title!
This bank has taken hard working people, snd have blown away there time and money, I am in a fight for my life at this piont with lies and fax numbers and letters of promises ? I WILL TELLYOU THIS MUCH THEY SCREWED THE WRONG GUY! I will obtain a lwayer and file with almost every court house and willwill fill out all the paper work needed to fight this bank. in s short version of what happen the bank doubled my payment, I fell behind on my payments for 4 months, i had taken a loan agianst my 401 k andpaiid them with 4, 000ndollarsextra to pay escrow to get my payments back down to the previous amount and they screwed me they hadtaken theextar money applied to thefollowing moths payment and had taken the rest andadded it into interest. This bank belongs on dateline news ... very bad business!
One West bank owns Financial Freedom a division. Financial Freedom has been hurting the senior citizens of Texas with their wilful acts to hurt persons with reverse mortgages. One West had to take these reverse mortgages to get the deal with the FDIC. Financial Freedom is intentionally injuring senior citizens that have these reverse mortgages. I live in Texas and have a reverse mortgage with Financial Freedom as the owners agent. One West Bank and Financial Freedom need to all go to jail for the acts or actions taken against senior citizens. Financial Freedom makes their own rules and breaches the contract on a regular basis. I would like to hear form other Texans who have had dealings with Financial Freedom as something need to be done about their actions. Contact Bob at [protected] or fax [protected] or email superbobc@suddenlink.net.