Comments on: Loan Modification-IndyMac Program Guidelines Q & A http://myloanmodificationcenter.com/blog/loan-modification-indymac-program-guidelines-q-a/ The Complete Loan Modification Guide Thu, 09 Feb 2012 20:06:29 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Ora Conyers http://myloanmodificationcenter.com/blog/loan-modification-indymac-program-guidelines-q-a/#comment-4896 Ora Conyers Fri, 04 Nov 2011 19:09:51 +0000 http://myloanmodificationcenter.com/blog/?p=131#comment-4896 My question is: "Is anyone ready to sign a consumer petition against IndyMac Bank (One West) so our voices in numbers can make a difference perhaps by filing a federal complaint with the U.S. government asking for an investigation and resolution with these issues of the bank's refusal to do "honest" business with its loan holders who in good faith are trying to keep their homes without foreclosure (which adds more economic decline to the U.S. economy) taking place as is apparent way this bank seems to be steering everyone. The only other reason for their behavior is because they stand to profit on both ends: 1) by the homeowners still struggling to pay and keep their homes and 2) by the U.S. government paying them off whether the homeowner pay or not (they do the foreclosure so Freddie Mac/Fannie Mae/HUD pays off these debts for them anyways)-so they are always a winner one way or the other, with homeowners being the primary loosers home wise and credit wise. We know God is still in control and why prayers are that He will definitely deal with these crooks as only He can do so. If you agree respond with comments here. My question is: “Is anyone ready to sign a consumer petition against IndyMac Bank (One West) so our voices in numbers can make a difference perhaps by filing a federal complaint with the U.S. government asking for an investigation and resolution with these issues of the bank’s refusal to do “honest” business with its loan holders who in good faith are trying to keep their homes without foreclosure (which adds more economic decline to the U.S. economy) taking place as is apparent way this bank seems to be steering everyone.

The only other reason for their behavior is because they stand to profit on both ends: 1) by the homeowners still struggling to pay and keep their homes and 2) by the U.S. government paying them off whether the homeowner pay or not (they do the foreclosure so Freddie Mac/Fannie Mae/HUD pays off these debts for them anyways)-so they are always a winner one way or the other, with homeowners being the primary loosers home wise and credit wise.

We know God is still in control and why prayers are that He will definitely deal with these crooks as only He can do so. If you agree respond with comments here.

]]> By: admin http://myloanmodificationcenter.com/blog/loan-modification-indymac-program-guidelines-q-a/#comment-4849 admin Tue, 01 Nov 2011 21:25:56 +0000 http://myloanmodificationcenter.com/blog/?p=131#comment-4849 Indymac has one of the worst reputations for helping homeowners with loan modifications. When the FDIC took them over they received a sweet deal and OWB took over the portfolio for cents on the dollar-all on the promise to reach to their struggling homeowners and offer loan mod assistance. Well three years later the stats on completed loan workouts are dismally low. It seems that the <a href="http://www.myloanmodificationcenter.com" rel="nofollow">Indymac loan modification </a>program was not structured so that it was more attractive to Indymac than foreclosing-nor more cost effective for the banks bottom line. Only homeowners who have a really good understanding of EXACTLY how to prepare their loan mod RMA form has any chance at all of getting approved-and you have to have nerves of steel and the persistence of a bulldog to get any results. Indymac has one of the worst reputations for helping homeowners with loan modifications. When the FDIC took them over they received a sweet deal and OWB took over the portfolio for cents on the dollar-all on the promise to reach to their struggling homeowners and offer loan mod assistance. Well three years later the stats on completed loan workouts are dismally low. It seems that the Indymac loan modification program was not structured so that it was more attractive to Indymac than foreclosing-nor more cost effective for the banks bottom line. Only homeowners who have a really good understanding of EXACTLY how to prepare their loan mod RMA form has any chance at all of getting approved-and you have to have nerves of steel and the persistence of a bulldog to get any results.

]]> By: David Brown http://myloanmodificationcenter.com/blog/loan-modification-indymac-program-guidelines-q-a/#comment-4821 David Brown Sat, 29 Oct 2011 12:51:02 +0000 http://myloanmodificationcenter.com/blog/?p=131#comment-4821 The FDIC has given One West Bank a free trip to Vegas with the downside risk covered by the taxpayers. This type of collusion with the government and some banks has helped to put me in a grave situation having to go to the Hawaii Supreme Court just to be able to stay in my house. Why? In 2009 I fell Ill and am disabled with a long term disability insurance policy. I have been to the Mayo Cinic in Rotchester Minnesota twice in the last two years ( I live in Hawaii). When I was on short term disability I called One West Bank because I'd heard of the HAMP ( Home Affordable Modification Program). I was told by One West to go 90 days delinquent then I would qualify ( I have since heard that that is when they can put the FDIC on the hook for my loan and the credit default kicks in?). I was invited to apply and was granted a modification. It stated that as long as I made my thee trial payments on time I would be granted modification. The mod lowered my payment by about $350. I was sure not to mess this opportunity up I even paid by cashiers check. None the less on the 20th of August 2 2/3rds of the way through and always being early with my payment I received a letter along with my last payment returned stating that the amount paid which was exactly what was asked of me was not the outstanding balance. After getting nowhere and being told I could re-apply I was served foreclosure papers soon after. I was devastated. My 8 year old daughter has never known another house and my wife and I had worked and tirelessly on it ourselves to make it our home. I started to look for the best attorney in Hawaii for my problem, Gary Dubin's name kept coming up. I heard he was not the cheapest but the best. I went to see him and he looked over my situation and told me my case was very strong. I retained him with a fairly large retainer. His very capable associate attorney Frederick Arensmeyer found out that my home had been sold to Fannie Mae on the 10th of August while I was current on my mortgage under One West's terms. The price? $10 This is a clear case of fraud in the inducement and the attempt to take advantage of someone in distress. I am sure my health has become worse in no part because of the stress, lack of sleep and mental anguish this fraudulent bank has put me through. Never knowing if the ax is going to fall is a sure way of taking "the American Dream" and turning it to a nightmare. One West has been committing this modification fraud on a HUGE scale. The sweet heart deal that One West Scored from this administration with our Bail-Out money and the FDIC have made it a much better deal for the bank to screw the people rather than help. Please see the link below for a very brief explanation of this. HAMP is mostly a front when it comes to One West. One need only to Google "modification fraud One West Bank" and you will find scores of other people that have had similar dealings but perhaps not as outstanding council or none at all. On top of this the Lahaina District Court has approved eviction orders and only took five minutes to review 300 pages of material. I am forced to go to the Hawaii Supreme Court to file an Emergency Petiton for a Writ of Mandanumus to the so-called Honorable Bliane Kobayashi. Without proper jurisdiction this Distict Court Judge would rather throw me on the street than and allow obvious interstate fraud by a bailed out institution to go unchecked. He would rather side with the out of state bank than a long term resident that has be in Hawaii 15 years and has always been an upstanding citizen having great respect for the law. I will suffer irreparable harm without the facts ever being heard should I be evicted. Has this Judge ever heard of the 5th amendment? Why would a judge be so one-sided and refuse to follow the same type of respect for the higher courts here in Hawaii? Are judges pension funds and the mutual funds that they contain a possible reason? In the face of all the animus towards banks for taking our money in the form of Bail-Outs then not lending or lending to foreign banks, robo signing and many other scandals why does this judge side with the institutions that seem to not respect the law? My case is fraud pure and simple. Fraud definition: A false representation of a matter of fact—whether by words or by conduct, by false or misleading allegations, or by concealment of what should have been disclosed—that deceives and is intended to deceive another so that the individual will act upon it to her or his legal injury. One West Sweetheart deal: http://youtu.be/ssl5yb7FewA The FDIC has given One West Bank a free trip to Vegas with the downside risk covered by the taxpayers.
This type of collusion with the government and some banks has helped to put me in a grave situation having to go to the Hawaii Supreme Court just to be able to stay in my house. Why?
In 2009 I fell Ill and am disabled with a long term disability insurance policy. I have been to the Mayo Cinic in Rotchester Minnesota twice in the last two years ( I live in Hawaii). When I was on short term disability I called One West Bank because I’d heard of the HAMP ( Home Affordable Modification Program). I was told by One West to go 90 days delinquent then I would qualify ( I have since heard that that is when they can put the FDIC on the hook for my loan and the credit default kicks in?). I was invited to apply and was granted a modification. It stated that as long as I made my thee trial payments on time I would be granted modification.
The mod lowered my payment by about $350. I was sure not to mess this opportunity up I even paid by cashiers check. None the less on the 20th of August 2 2/3rds of the way through and always being early with my payment I received a letter along with my last payment returned stating that the amount paid which was exactly what was asked of me was not the outstanding balance. After getting nowhere and being told I could re-apply I was served foreclosure papers soon after. I was devastated. My 8 year old daughter has never known another house and my wife and I had worked and tirelessly on it ourselves to make it our home.
I started to look for the best attorney in Hawaii for my problem, Gary Dubin’s name kept coming up. I heard he was not the cheapest but the best. I went to see him and he looked over my situation and told me my case was very strong. I retained him with a fairly large retainer. His very capable associate attorney Frederick Arensmeyer found out that my home had been sold to Fannie Mae on the 10th of August while I was current on my mortgage under One West’s terms. The price? $10 This is a clear case of fraud in the inducement and the attempt to take advantage of someone in distress. I am sure my health has become worse in no part because of the stress, lack of sleep and mental anguish this fraudulent bank has put me through. Never knowing if the ax is going to fall is a sure way of taking “the American Dream” and turning it to a nightmare. One West has been committing this modification fraud on a HUGE scale. The sweet heart deal that One West Scored from this administration with our Bail-Out money and the FDIC have made it a much better deal for the bank to screw the people rather than help. Please see the link below for a very brief explanation of this. HAMP is mostly a front when it comes to One West. One need only to Google “modification fraud One West Bank” and you will find scores of other people that have had similar dealings but perhaps not as outstanding council or none at all.
On top of this the Lahaina District Court has approved eviction orders and only took five minutes to review 300 pages of material. I am forced to go to the Hawaii Supreme Court to file an Emergency Petiton for a Writ of Mandanumus to the so-called Honorable Bliane Kobayashi. Without proper jurisdiction this Distict Court Judge would rather throw me on the street than and allow obvious interstate fraud by a bailed out institution to go unchecked. He would rather side with the out of state bank than a long term resident that has be in Hawaii 15 years and has always been an upstanding citizen having great respect for the law. I will suffer irreparable harm without the facts ever being heard should I be evicted. Has this Judge ever heard of the 5th amendment?
Why would a judge be so one-sided and refuse to follow the same type of respect for the higher courts here in Hawaii? Are judges pension funds and the mutual funds that they contain a possible reason? In the face of all the animus towards banks for taking our money in the form of Bail-Outs then not lending or lending to foreign banks, robo signing and many other scandals why does this judge side with the institutions that seem to not respect the law? My case is fraud pure and simple.
Fraud definition:
A false representation of a matter of fact—whether by words or by conduct, by false or misleading allegations, or by concealment of what should have been disclosed—that deceives and is intended to deceive another so that the individual will act upon it to her or his legal injury.
One West Sweetheart deal:
http://youtu.be/ssl5yb7FewA

]]> By: admin http://myloanmodificationcenter.com/blog/loan-modification-indymac-program-guidelines-q-a/#comment-4581 admin Mon, 03 Oct 2011 20:47:21 +0000 http://myloanmodificationcenter.com/blog/?p=131#comment-4581 Thank you, I hope the information I provide on loan modification guidelines and procedures helps homeowners get a lower mortgage payment and save their home from foreclosure. The HAMP loan mod program has helped over 1 million borrowers, but sadly only about 25% of people who need help get it. Once you understand how to complete the <a href="http://www.myloanmodificationcenter.com" rel="nofollow">Wells Fargo loan mod RMA form</a>, then you will have a much better chance of getting approved. Knowledge is power! Thank you, I hope the information I provide on loan modification guidelines and procedures helps homeowners get a lower mortgage payment and save their home from foreclosure.
The HAMP loan mod program has helped over 1 million borrowers, but sadly only about 25% of people who need help get it. Once you understand how to complete the Wells Fargo loan mod RMA form, then you will have a much better chance of getting approved.
Knowledge is power!

]]> By: Sprachreise London http://myloanmodificationcenter.com/blog/loan-modification-indymac-program-guidelines-q-a/#comment-4578 Sprachreise London Mon, 03 Oct 2011 13:50:03 +0000 http://myloanmodificationcenter.com/blog/?p=131#comment-4578 great blog - i l come back thx great blog – i l come back thx

]]> By: LG http://myloanmodificationcenter.com/blog/loan-modification-indymac-program-guidelines-q-a/#comment-4128 LG Fri, 05 Aug 2011 22:47:53 +0000 http://myloanmodificationcenter.com/blog/?p=131#comment-4128 I first sent IndyMac the documents back in mid-2009 when I first began getting behind. I kept calling to confirm that they were processing my modification request, and they said to just wait. Finally several months later, they told me that they never received my package. I guess they lost it along with all the others they have been losing. I used a company later that year to re-submit documents and this time they got them but now claim that my mortgage doesn't qualify for a modification. Something about the mortgage guarantor not participating in the HAMP program. We bailed out IndyMac - how can they do this to us? Has anyone had any success with legal action? I don't want to pay a fortune to attorneys and find that they do nothing but I keep getting notices in the mail from attorneys who claim that they can get results from IndyMac. I first sent IndyMac the documents back in mid-2009 when I first began getting behind. I kept calling to confirm that they were processing my modification request, and they said to just wait. Finally several months later, they told me that they never received my package. I guess they lost it along with all the others they have been losing.
I used a company later that year to re-submit documents and this time they got them but now claim that my mortgage doesn’t qualify for a modification. Something about the mortgage guarantor not participating in the HAMP program.
We bailed out IndyMac – how can they do this to us?
Has anyone had any success with legal action? I don’t want to pay a fortune to attorneys and find that they do nothing but I keep getting notices in the mail from attorneys who claim that they can get results from IndyMac.

]]> By: Chris http://myloanmodificationcenter.com/blog/loan-modification-indymac-program-guidelines-q-a/#comment-4033 Chris Fri, 22 Jul 2011 01:39:46 +0000 http://myloanmodificationcenter.com/blog/?p=131#comment-4033 I HAVE APPLIED FOR A REMODICATION LOAN TOO AND RECEIVED THE RUN AROUND. FLOOD YOUR STATE ATTORNEY GENERAL OFFICE WITH YOUR COMPLAINTS. HIS NAME IS ERIC SCHNEIDERMAN. HE HAS BEEN ADVOCATING FOR THE HOMEOWNERS IS PLEDGES TO GO AFTER THESE BANKS WHO ARE WRONGFULL TAKING OUR HOMES AWAY FROM US. IT WOULD BE A GOOD IDEA IF YOU COULD DROP HIS NAME WHEN YOU ARE SPEAKING WITH THEM. MAYBE THAT WOULD HELP. I HOPE I DONT HAVE TO CALL BECAUSE I JUST REAPPLIED. GOOD LUCK ALL AND GOD BLESS. I HAVE APPLIED FOR A REMODICATION LOAN TOO AND RECEIVED THE RUN AROUND. FLOOD YOUR STATE ATTORNEY GENERAL OFFICE WITH YOUR COMPLAINTS. HIS NAME IS ERIC SCHNEIDERMAN. HE HAS BEEN ADVOCATING FOR THE HOMEOWNERS IS PLEDGES TO GO AFTER THESE BANKS WHO ARE WRONGFULL TAKING OUR HOMES AWAY FROM US. IT WOULD BE A GOOD IDEA IF YOU COULD DROP HIS NAME WHEN YOU ARE SPEAKING WITH THEM. MAYBE THAT WOULD HELP. I HOPE I DONT HAVE TO CALL BECAUSE I JUST REAPPLIED. GOOD LUCK ALL AND GOD BLESS.

]]> By: Dewey Breeze http://myloanmodificationcenter.com/blog/loan-modification-indymac-program-guidelines-q-a/#comment-3857 Dewey Breeze Mon, 20 Jun 2011 07:35:42 +0000 http://myloanmodificationcenter.com/blog/?p=131#comment-3857 I agree alongside with your put up. Nonetheless, do you may have any sources I can cite for my paper? I agree alongside with your put up. Nonetheless, do you may have any sources I can cite for my paper?

]]> By: Vicki Tucker http://myloanmodificationcenter.com/blog/loan-modification-indymac-program-guidelines-q-a/#comment-3664 Vicki Tucker Wed, 06 Apr 2011 20:38:44 +0000 http://myloanmodificationcenter.com/blog/?p=131#comment-3664 My 78 year old mother has her mortgage with Indy Mac, which is interest only. The loan amt will be increased in 2012, since early 2010 she has been trying to get her loan modified. She applied 4X and each time she was rejected. All rejections were due to the fact Indy Mac requested additional information, but they did not give her enough time to provide the detail. Last denial is they requested two bank statements, they need March and April. March was sent but this is only the 4th of April. In addition it is very difficult to speak to a Manager. My 78 year old mother has her mortgage with Indy Mac, which is interest only. The loan amt will be increased in 2012, since early 2010 she has been trying to get her loan modified. She applied 4X and each time she was rejected. All rejections were due to the fact Indy Mac requested additional information, but they did not give her enough time to provide the detail. Last denial is they requested two bank statements, they need March and April. March was sent but this is only the 4th of April. In addition it is very difficult to speak to a Manager.

]]> By: ricky b http://myloanmodificationcenter.com/blog/loan-modification-indymac-program-guidelines-q-a/#comment-3616 ricky b Sat, 26 Mar 2011 22:12:19 +0000 http://myloanmodificationcenter.com/blog/?p=131#comment-3616 i've been trying to modify my loan for about 2 years, i have sent my paperwork to indymac over and over to different fax #( everytime i call they give a differnt #) i am getting frustrated my next step is to take this to the media!. i’ve been trying to modify my loan for about 2 years, i have sent my paperwork to indymac over and over to different fax #( everytime i call they give a differnt #) i am getting frustrated my next step is to take this to the media!.

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