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Loan Modification

: Loan Modification & Home Loan News

Indymac Class Action Lawsuit Claims Bank Hustled Them

By Moe Bedard

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LOS ANGELES (CN) – Indymac Bank and its successor, OneWest Bank, defrauded homebuyers by promising to modify their mortgages, but “never at any time possessed a good faith intention to perform on these loan modification agreements,” a class action claims in Superior Court. “Defendant sought only to induce homeowners into making further payments and defraud [...]

Full post as published by Loan Modification & Home Loan News on October 14, 2010 (boomark / email).

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