Comments on: When the FDIC is away, the new Indymac owners will play

By: rober brown

rober brown — Wed, 09 Sep 2009 19:20:46 +0000

indymac bank is crazy so is one west bank they dont help nobody i had a heart attack a divorce still waiting for a modificatio wow

By: vvcalgirl562

vvcalgirl562 — Fri, 21 Aug 2009 02:38:02 +0000

I am on the boat. Indymac sent me loan modification paper and I signed and provide them with all the information that they need and a check. I call to follow up on the process, they indicated that it was denied. That I need to come current with my payment or do a short sale on my house. They do not want to help. They want you to walk away from your home by looking at this way. I am still mad that they would not want to help.

By: Denise

Denise — Tue, 18 Aug 2009 03:50:15 +0000

I had a similar experience with Indymac. They sent me a preliminary modification agreement and I sent the money in. Only later to find out that the fees and late payments have increased to 14,000 in three months, while I was making the payments. Its a scam. Do not fall for it. Indymac now is supposed to send me the “real loan modification” agreement which lowers the payment but increase the principal, sort of like a negative amortizing loan. The more I pay the more I owe. I have already invested 125,00 down and three years of payments. Its time to walk away.

By: Mellissa

Mellissa — Fri, 14 Aug 2009 09:53:09 +0000

05/27/2009 I downloaded forms from Indymac Loan Servicing and faxed few pages with our income documents to them. When I called to follow up I was told they did not know if they had received the documents, there was nothing in their log system but please give them 30 days or so before asking for status. In the meantime on 06/02/2009, I discovered there was updated, financial package available on the OneWest Bank website. Onewest was also requesting we update personal financial information online also within our customer profile. I called to confirm that yes, the new documents and online profile would need to be completed before they can help me. So I downloaded 9-12 page package, and went to work, it took some serious time to get it all completed accurately and in accordance with our customer profile online, but I did it. 06/12/2009 I faxed this new package to the Loss Mitigation Dept.
I called 07/02/2009 to followup and was told that it had not been received, could I please re-fax it, making sure to include the loan number and name on each piece of paper. On 07/10/2009 I faxed BOTH the orginal application and the current application with all applicable documentation reqquired, everything as was most recent available, I included fax log reports to show prior transmissions went thru, and I numbered each page 1 of 39, 2 0f 39 etc., in addition to loan# and name along the top, plus the current date. I included a cover letter that outline the fax contents, number of pages for each type of documentation, plus I addressed the fax to BOTH Loan Servicing Dept and Loss Mitigation Dept along with their corresponding fax numbers.
08/12/2009 I received a call at 8:45 pm, IMB Loan Servicing was instructed to contact us and request most recent paystub, then investor can make final decision on what to offer. So I faxed it to the number the girl provided.

By: Silence

Silence — Sun, 09 Aug 2009 02:57:43 +0000

You are right on about Indymac/onewest. They haven’t modified many, if any home loans. But there is a bigger problem. Homeowners are saying that they apply and have been told that Indymac will review their application, and then months down the road, after the homeowner contacting them over and over, instead of getting a home loan modification, they get a foreclosure notice. This is the bank’s way of waiting out the homeowner, so they can take them by surprise and take the house without the homeowner having a chance to get help elsewhere. A little deceptive don’t you think? Rack up as many costs as possible so there is no out for the homeowner. And to think the federal gov does nothing, all the while saying that they want to stop foreclosures.