Search for: "IndyMac Home Loan Servicing"
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14 Jun 2010, 9:03 pm
Morgan Chase Bank and IndyMac Mortgage Servicers/OneWest Bank to honor their agreements with borrowers to modify mortgages and prevent foreclosures under the United States Treasury’s Home Affordable Modification Program (“HAMP”). [read post]
3 May 2010, 11:50 pm
Fannie Mae was established to buy up home loans from banks thereby freeing up capital that could be lent out to other borrowers, and also to provide local banks with federal money to finance home mortgages. [read post]
7 Apr 2010, 2:33 am
The judge wiped out the homeowner’s indebtedness completely in an effort to punish IndyMac for being, well… IndyMac. [read post]
6 Apr 2010, 1:58 am
She also found that various statements about the bank’s loan underwriting practices on which the plaintiffs sought to rely were not false and misleading. [read post]
24 Mar 2010, 12:00 am
A “loan mod scam” does not save 2,500 homeowners from being thrown out of their homes by obtaining loan modification agreements from banks and servicers. [read post]
21 Feb 2010, 5:29 am
The executive at IndyMac/One West explained that HAMP only requires them to offer a loan modification, but not grant a loan modification. [read post]
12 Dec 2009, 7:20 am
Of course, checking the Treasury report on servicer performance, I do see that Chase has done quite a bit better in the modification department than either Saxon or IndyMac. [read post]
3 Dec 2009, 4:11 pm
 Weren’t the report cards supposed to “shame†the banks and servicers into modifying loans? [read post]
30 Nov 2009, 9:45 am
According to Federal Reserve data, IndyMac approved the fourth-highest number of home mortgage loans out of 440 lenders, with 3,893 in 2007. [read post]
28 Nov 2009, 5:21 am
Spinner in Riverhead ordered the $292,500 mortgage "canceled, voided, avoided, nullified, set aside" and blasted the actions of IndyMac Mortgage Services, a division of OneWest Bank F.S.B., and its representatives, as "harsh, repugnant, shocking and repulsive," according to his Nov. 19 decision. [read post]
24 Nov 2009, 9:52 am
Dickinson claimed that IndyMac was the servicer of the loan, and that Deutsche Bank was the owner, although the record holder was IndyMac Bank FSB, an entity no longer in existence, so who the heck knows what the real deal is on that point. [read post]
9 Nov 2009, 9:47 pm
 Maybe someone should send him a homeowner whose mortgage is with IndyMac/One West Bank. [read post]
2 Nov 2009, 9:28 pm
This is the story of how IndyMac offered a homeowner in the Inland Empire region of Southern California four separate trial loan modifications over the past six months. [read post]
7 Apr 2009, 5:53 am
They say they want to help you get a loan modification agreement. [read post]
5 Apr 2009, 1:26 pm
Federal Regulatory Probes The SEC has more than 50 subprime-related investigations underway, including of lenders, investment banks, underwriters, retail and institutional sellers of subprime loans, and home builders and insurers.[11] The SEC has formed a “Subprime Task Force” to focus on these investigations. [read post]
7 Jan 2009, 7:00 pm
If it will yield more to the loan investor to modify a loan made to a home investor, then Ocwen will modify the loan. [read post]
4 Dec 2008, 11:57 pm
Servicers still prefer temporary adjustments to payments and interest rates than permanent loan modifications. [read post]
11 Nov 2008, 9:48 pm
By Alan WhiteThe plan to modify loans controlled by Fannie Mae and Freddie Mac announced today, while a step forward, suffers from two major drawbacks. [read post]
4 Nov 2008, 1:55 am
The government's stated policy is to keep people in their homes and not bail out private real estate investors. [read post]
2 Nov 2008, 2:56 pm
From the standpoint of rational choice theory, both parties would have much to gain and little to lose, assuming that the servicer has done some initial screening (foreclosure value prospects not good, homeowner still in the home, homeowner believes they have income to service modified loan.) [read post]
