BILLIONS MADE AS HOUSING GOES DOWN UNDER SWEETHEART FDIC LOSS SHARING DEAL

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S COMMENT: On the IndyMac portfolio alone, they made billions while the investors and homeowners got crammed down with double-talk about where the money went. I have been saying for years that there is far more money to be made by banks, servicers, [...]

CA BKR DENIES STAY, ORDERS SANCTIONS AGAINST ONEWEST, INDYMAC

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE — EVIDENCE COUNTS!!! “the Court will not participate in a process where OneWest increases its profits by disobeying the rules of this Court and by providing the Court with erroneous information“ NEW NOTE GAMBIT ANGERS JUDGE EDITOR’S COMMENT: We’ve been watching this for [...]

FLORIDA 4TH DCA SENDS OUT FORMAL INVITATION FOR FRAUD UPON THE COURT

CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW CLICK HERE TO RESERVE GROUP RATE AT HILTON SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM 27 official signing positions, employed by law firm but still no sanctions because pretender dismissed before court could act Editor’s Comment: Note Judge Mark Polen’s dissent. He is the only one on [...]

MARY COCHRANE DEFINES THE TERMS

I did not realize an IMPORTANT part of the Agreement ‘definitions’ of participants did not get copied into the posting and are related to your question. IndyMac Bancorp Inc. (Registrant) Closely Related (4): •Indymac Capital Trust I – SEC# 1157668 6/10/04 •Indymac Capital Trust II – SEC# 115670 6/30/06 •Indymac Capital Trust III – SEC# [...]

MARY COCHRANE DOING HER HOMEWORK ON INDYMAC FRAUD

Cross Reference info on Huffington. http://www.huffingtonpost.com/2011/02/13/former-indymac-execs-fraud_n_822538.html#postComment MERS MEMBER: Corporate Name: IndyMac Venture, LLC Address: 888 East Walnut Street City,State,Zip: Pasadena, CA 91101 Toll Free Number: (800) 669-2300 Direct Number: (626) 535-5555 Fax Number: (626) 535-7854 Primary Contact: Sandy Schneider Website: http://www.owb.com Member Org ID: 1008191 Lines Of Business: Originator, Servicer, Subservicer, Investor, Document Custodian eRegistry [...]

LPS DEPOS REVEAL THE FACTS

submitted by Barbara LPS DEPOS!!! http://stopforeclosurefraud.com/2010/12/18/full-deposition-transcript-of-lender-processing-services-scott-a-walter-part-2-steven-j-baum-p-c-o-max-gardner-us-trustee/ http://stopforeclosurefraud.com/2010/12/18/full-deposition-transcript-of-lender-processing-services-lps-scott-a-walter-part-1/ http://stopforeclosurefraud.com/2010/12/18/full-deposition-transcript-of-lps-greg-allen-mers-is-alive/ http://stopforeclosurefraud.com/2010/12/16/sff-bombshell-deposition-transcript-of-lps-fidelity-bill-newland/

PAYBACK TIME: $5.1 IN PUNITIVE DAMAGES AGAINST SERVICER ON A $79K CASE

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary “In short, loan servicing is a perfect setup for administrators who want to take advantage of both borrowers and lenders.” (Editor’s Note: Notice that the investors are referred to as lenders, hence the term “pretender lender” as to all others pretending to be lenders.) “The [...]

IndyMac-OneWest-Deutsch bank: 30 seconds per document

OneWest Bank employee: ‘Not more than 30 seconds’ to sign each foreclosure document The recent announcements by J.P. Morgan Chase and Ally Financial that they were freezing some foreclosures because of paperwork irregularities raises a key question: How many more mortgage companies employed “robo-signers?” In a sworn deposition in July, Erica Johnson-Seck, an Austin, Tex.,-based [...]

3 CASES THAT SHOW WE ARE ON THE RIGHT TRACK

SUBMITTED BY BRIAN Three cases that show we are on the right track. Indymac is a bad group that is going down further. http://www.scribd.com/doc/37596878/Paul-Nygen-Judgement-Against-Lenders-09-15-10 http://www.scribd.com/doc/37617034/FDIC-Indymac-V-Van-Dellen-Complaint-Officers-of-Indymac-sued-by-FDIC-Onewest-Bank-states-106-of-the-108-loans-are-non-performing-Must-be-to-the http://www.scribd.com/doc/37618538/Indymac-Certificate-ShareHolder-Class-Action-9th-Circuit-Interlocutory-Order-certifying-the-6th-Amended-Complaint

INDYMAC EXECS SUED BY THE FDIC

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 be repaid. It is the first time that an important agency has recognized the link between the malfeasance of the originating lenders, the securitization intermediaries [...]

Padget v OneWest – IndyMac Provides some insight into RESPA remedies

The Ocwen Court provided an example for clarity: “Suppose an S & L signs a mortgage agreement with a homeowner that specifies annual interest rate of 6 percent and a year later bills the homeowner at a rate of 10 percent and when the homeowner refuses to pay institutes foreclosure proceedings. It would be surprising [...]

HERS: FDIC- IndyMac -Onewest – IMB Holding Co Documents and Details

Failed Bank Information Information for IndyMac Bank, F.S.B., and IndyMac Federal Bank, F.S.B., Pasadena, Introduction Press Release Acquiring Financial Institution Question and Answer Sheet En Español Chinese Language Version (350 kb PDF File PDF Help) Banking Services Loan Customers Unclaimed Deposits Possible Claims Against The Failed Institution FAQ re IndyMac “No Value” Determination Priority of [...]

No Loss to OneWest on FDIC IndyMac deal

Here is an interesting article from Tadly 2010/03/26 at 5:47pm Here is an interesting article Harder Part American Banker | Wednesday, February 24, 2010 By Jeff Horwitz * IndyMac Buyers Pick Up Another Failed Bank – February 22, 2010 * FDIC Rebukes Internet Video – February 16, 2010 In less than a year, the private-equity [...]

Follow the Trail —Don’t get lost in the documents

I THOUGHT THIS COMMENT WAS WORTHY OF MAKING INTO A POST. See for Deutsch bank references Prospectus offered all over the world: Anyone who had a Deed of Trust with: Indymac, Wells Fargo, Countrywide, GMAC, Ocwen, American Home, Residential Funding Company, Washington Mutual Bank, BofA, and many others you might want to check this link [...]

Freedom of Information Act Requests Show OneWest Bank Misrepresentation

Submitted by BMcDonald Most of us are trying to get the info from the banks, which they will not do unless forced. Well, now many of us can walk right in through the back door. FOIA requests! I fought for 7 months to get the bank to cough up the info and it only took [...]

NY Judges ROCK! Indymac Bank F.S.B. v Yano-Horoski

NY JUDGES ROCK — IndyMAc Bank FSB. v Yano-Horosky Indymac Bank F.S.B. v Yano-Horoski 2009 NY Slip Op 52333(U) Decided on November 19, 2009 Supreme Court, Suffolk County Spinner, J. Published by New York State Law Reporting Bureau pursuant to Judiciary Law § 431. This opinion is uncorrected and will not be published in the [...]

FORECLOSURE DEFENSE: OWNERSHIP OF THE MORTGAGE

Mortgage Lender Must Have Ownership Of Loan When Foreclosure Is Filed, Holds Brooklyn Judge May 21, 2008 The case of Indymac Bank, FSB v. Ross, Supreme Court, Kings County Index No. 24713/07 (January 15, 2008) began normally enough. Indymac filed a summons and complaint on July 6, 2007. The borrower failed to appear or answer, and [...]