As previously stated, IndyMac Mortgage Services, Inc.: A DIVISION of OneWest Bank is the main partner for illegal foreclosures (robo signing) for the German Deutsche Bank (National Trust Co.). However, IndyMac itself largely partners with Field Asset Services, (FAS) a company based in Austin, Texas which is owned by the Canadian FirstService Corporation, a global real estate REO "services" empire.
OneWest-IndyMac, FORECLOSURE TAG 'EM AND BAG 'EM experts. IndyMac picks only the creme de la crap. Field Asset Services fancies itself as a "home preservation" company. They are in fact expert post foreclosure specialists, who know how to get people out of their homes quickly and efficiently. They hire local companies throughout the United States to break into your home, rob you, then change the locks so you can't get in.
The fact that INDYMAC works hand-in-hand with such disreputable partners only proves the extensive scamming that is going on in the mortgage/foreclosure industry.
"My husband and I have an Indymac (now OneWest) mortgage loan ($500,000). Got our loan from Quicken in 2007- interest only @ 5.75% . At the time I was working, but after our 3rd baby in ‘07 I lost my job/income. So, now we are struggling and I am trying to get a modification with the worst bank in the world-INDYMAC! My husband started his own business on the side to make some additional income- but it’s slow. Anyway, I call Indymac all the time… same story “in review, call back in a week.” We were told our modification package was received May 17, put into the system, June 17, then later told it was put in June 26, now the 50th person we spoke to last week said we may hear something by August 26th."
DD Writes (Feb. 21, 2011)
"I dealt with Indy Mac Bank, One West Bank and Deutsche Bank- Before my foreclosure my house was being broken in to and locks changed because they felt like it. The papers and assignments were not legal or valid, I believe that the banks double dipped by pretending to auction the house (Indy Mac Bank- they bought it and collected the 80% loss from the FDIC on ainflated mortgage amt, assigned the same house to Deutsche who sold it for 45k and asked the FDIC for their 80% loss on the same inflated mortgage. Not one of these lenders could prove they had any legal right to this mortgage and the florida courts gave it to them any way. The entire process and signatures were faulty, Florida Statues states that if a lender receives more than the original mortgage amount, the overage is paid back to the buyer. I have never, ever seen any lender distort and inflate a mortgage amount like I did with these lenders. Who is going to go after these lenders? I think no one, this was all part of the bigger picture they are not done yet."
ONEWEST BANK -- Corporate Headquarters
OneWest Bank/IndyMac is located at:
888 East Walnut Street
Pasadena, CA 91101
Telephone: (800) 669-2300
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