The friendly folks at BankofAmericaSuck.com posted information about the screens and the access to info that your bank has about your home loan. LPS, short for Fidelity’s Lender Process Services is the nations largest insurance & foreclosure tracking servicing and is used by many banks to handle the nitty gritty details involved in managing your [...]
Foreclosure info from LPS details banks getting paid 2-3x for the foreclosure!
Bank of America’s foreclosure halt hurts many
The fact that Bank of America has claimed to halt foreclosures in all 50 states is significant. It is likely only a matter of time until the other big banks capitulate and offer some type of foreclosure freeze as well. What will be the outcome? It remains to be seen but for now there are [...]
List of Lenders targeted by Texas Attorney General
The following is the list of mortgage servicers (lenders) that have been initially targeted by Texas Attorney General Greg Abbot’s office for possible foreclosure fraud. If your loan is in a foreclosure status or you have been wrongfully foreclosed within the last four years please seek assistance immediately. – The Bank Slayer Last updated 11 [...]
IndyMac / OneWest, time to halt foreclosures?
At IndyMac / OneWest it is very simple, 30 second per documents instead of 3 seconds. This allows plenty of time to review if documents are legitimate. WRONG!!! Take a few moments to speak with Dan Welch in our office. Maybe IndyMac should deposition him like other folks have depo’d IndyMac / OneWest employees. Never [...]
FDIC’s Sheila Blair sues IndyMac
It’s about time that the government wakes up to the schemes some of these banks are pulling on borrowers and taxpayers. Neil Garfield put it best…”Well you have to give credit to Sheila Baer. She gets it. Here she is going after the IndyMac executives for making loans to developers that they knew would not [...]
IndyMac is a shady operation – HAMP, we don’t need no stinking HAMP
IndyMac is a shady operation. One of our staff used to be on the inside working against homeowners but (in my words…turned his life around) and now battles for home owners. He tells tales of “being trained” on programs like HAMP and seeing blacked out sections. When he asked why IndyMac (now OneWest) redacted [...]
IndyMac sets record for slowest response to RVD!
IndyMac has set a new record (at least in our office) for the longest time for a simple response to a Request for Validation of Debt (“RVD”). Granted some mortgage companies never respond but as far as actually responding this sets a new bar. We sent a standard RVD to IndyMac, now OneWest Bank, [...]








