Complaint Review:
Indymac Bank One West Bank
Indymac Bank One West Bank George Soros, Michael Dell, Steve Mnunchin and John Paulson One West Bank, Indymac bank is foreclosing on my house and I have not missed payments! Pasadena, Colorado
The FDIC working with Indymac Bank, "helped" us by offering a forbearance plan. That is where the difference in the payment you are making and the contract amount are added to the end of the loan.
We faithfully made this payments on time.
When I called to make my payment on Sept. 14, I was told Indymac had been bought by OneWest and no longer would do a forbearance. Little did I know we were already in foreclosure. as of Sept. 4.
According to One West the amounts that were to be added to the end of the loan were late.
Now it gets worse:
Indymac's loans were bought by George Soros, Michael Dell, Steve Mnunchin (formally Goldman Sachs executives) and John Paulson (hedge-fund billiionaire)
They paid 70% of the outstanding loan amount. For simplicity, lets say the loan was for $500K they bought it for $350K.
So now this home is in foreclosure. Assume after the trustee sale One West takes it back and "dumps" it, for $200K.
The FDIC has a deal with them to pay 80% of the net loss.
So that means: $500K minus $220K equals $300K.
80% of the "loss" to the investors is $240,000.
Add that to the $200 dump price the income is $440K less the $350 they paid, and they just MADE $90,000 BY FORECLOSING ON THIS HOME.
Their income is out of the taxpayers pocket.
This is happening to 1000's of people. This deal was offered by the FDIC to Wells Fargo, B of A and others.
The FDIC and bank investors are literally stealing our homes from us.
I have a few months to "resolve" this. We have wiped out our savings to be honest and abide by what Indymac wanted. My husband lost his job.
We owned this home for 35 years. I doubt we have a chance in the world to save our home.
13 Updates & Rebuttals
Karl
Highlands Ranch,Colorado,
United States
***GOVERNMENT ALERT***
#14Consumer Comment
Sat, December 17, 2022
Americans are forbidden to type in 668678 at this site and read what is posted in Consumer Comment #16 at Ripoff Report #668678. Do not read any of the consumer comments at that Report!
Americans are also forbidden to type in 430897 and read what is posted in Consumer Comment #1 at Ripoff Report #430897.
Finally, never ever type in 271454 and click on Ripoff Report #271454 and scroll all the way down to Consumer Comment #1 at Ripoff Report 271454 and read what was posted in the third paragraph on September 3, 2007!!!
Just because it came true one year later on September 29, 2008 when the stock market crashed and the entire Global Banking System melted down doesn’t mean a thing! It was probably just a lucky guess.
Keep on believing in your politicians who will be relaxing at their expensive homes during the holidays and who are receiving guaranteed six-digit salaries from your wonderful government.
Mellie
Boston,New York,
USA
My father had the same situation recently
#14Consumer Comment
Wed, April 27, 2016
this is just terrible, someone needs to do something about this george soros guy and his evil ways
Karl
Highlands Ranch,Colorado,
USA
Yvonne,
#14Consumer Comment
Thu, February 07, 2013
Please give us an update to your Ripoff Report when you have time. Thank You.
***NATIONWIDE ALERT: Make sure to stay at this site and type in- CHANGED THE BANK NAME ON MY LOAN, and read Ripoff Report #481508 for important information if you have a mortgage.
Karl
Highlands Ranch,Colorado,
USA
O'BOMB-A.......
#14Consumer Comment
Fri, March 02, 2012
is the title to a song that is available at this website.
Just type in 646259 at this site and it appears in 'Consumer Comment #202' at Ripoff Report #646259.
Thank You
Karl
Highlands Ranch,Colorado,
USA
BANKERS LIED......
#14Consumer Comment
Sun, February 26, 2012
is the title to a song that is available in the consumer comments section at this Ripoff Report.
Thank You
***NATIONWIDE BANK ALERT: Feel free to stay at this site and type in the following and read the Ripoff Reports from people all over America for important information if you have a bank account or a mortgage in the USA-
FEDERAL RESERVE
LEHMAN
GOLDMAN SACHS
MORGAN STANLEY
JP MORGAN CHASE
MERRILL LYNCH
COUNTRYWIDE
GMAC
LITTON LOAN
ALLY
BANK OF AMERICA
CITIBANK
CHASE
FIFTH THIRD
ONE WEST BANK
WELLS FARGO
BANK
MORTGAGE
Tagurit
USAI'm sorry
#14Consumer Comment
Sun, February 26, 2012
Thank you for an informative post and insight into what is going on behind the scenes. Wish I could help. Not sure if you have tried the lawyer route yet. Ignore Karl - he is an idiot who posts a bunch of nonesense on reports where people are seeking legitimate help. And Karl, if you see this post - go stuff yourself.
Karl
Highlands Ranch,Colorado,
USA
PROTESTER SONG 52.....
#14Consumer Comment
Sun, February 12, 2012
is available in the consumer comments section at this Ripoff Report.
Thank You
WELCOME TO AMERICA- ONE BIG LIE
Karl
Highlands Ranch,Colorado,
USA
PROTESTER SONG 52
#14Consumer Comment
Thu, February 09, 2012
BANKERS LIED
(Please sing to the tune of "Song Sung Blue")
Anyone can 'Google' this- MIDI FILES S TO Z GARY'S MIDI PARADISE, and click on 'Song Sung Blue' and sing the following lyrics to that tune, right?
Here we go- 1, 2, 3, 4....
Bankers lied
Wall Street is a Ponzi
Please text Ralph,
Joanie and tell Fonzie.
Yes it's true they lied to you and they got the TARP
So now I made those lies into some songs
They're on the worldwide web
On the worldwide web.
Leaders lied
They all work for bankers
Got no brains
Maybe they have chancres?
Had no shirt he liked to flirt with all of his Craigslist friends
It's time to end the greed and all the fraud
Bring back those jobs again.
(Music)
Yes it's true they lied to you and they got most of the TARP
It's time to spread these songs around the world
Please keep on singing, friends.
They all lied
Big collapse is coming
Stocks will crash
People will be bumming
One big scam our Uncle Sam cannot be trusted again
A world of lies, deception, fraud, and greed......
End.
Anyone can 'Google' the following videos and watch them on the web for proof that the politicians in the USA are really working for a cartel of bankers, who also control Wall Street-
1) FULL SHOW: HOW BIG BANKS ARE REWRITING THE RULES OF OUR ECONOMY
2) FRONTLINE: THE WARNING
3) AMERICA: FREEDOM TO FASCISM
4) FRONTLINE: INSIDE THE MELTDOWN
5) WHO OWNS THE FED BANK, WHO CONTROLS WHO VIDEO
6) WHO CONTROLS THE UNITED STATES ECONOMY BY MAJORITY 2010
7) INDYMAC BOYS GET SWEETHEART DEAL
Thank You
***SHIRTLESS POLITICIAN ALERT: Feel free to type in 685999 at this site and go to 'Consumer Comment 33' at Ripoff Report #685999 and sing "SHIRTLESS POLITICIAN SONG".
Karl
Highlands Ranch,Colorado,
USA
GOOFBALLS SERVE BANKERS......
#14Consumer Comment
Tue, February 07, 2012
is the title to a song that is available in the consumer comments section at this Ripoff Report.
Thank You
***MORTGAGE ALERT: Feel free to type in 476868 at this site and read Ripoff Report #476868 for important information if you have a mortgage.
Then type in 481508 at this site and read St. Calir's Ripoff Report too.
Karl
Highlands Ranch,Colorado,
USA
GOOFBALL SONG 9
#14Consumer Comment
Tue, September 27, 2011
GOOFBALLS SERVE BANKERS
(Please sing to the tune of- "Smoke On The Water")
Anyone can 'Google' this- DEEP PURPLE MIDI FILES FROM MIDI MOLE, and click on the letter 'S' and scroll down to the song 'Smoke On The Water', and sing the following lyrics to that tune, right?
Here we go- 1, 2, 3, 4....
Our world is filled with goofballs
Many here and lots in Europe
You'll even find 'em there in Asia
All greedy and corrupt
They hurt the people in all nations
They do it every single day
Now the people are revolting
It's time that all the goofballs pay.
Goofballs serve bankers!
Goofballs are buffoons!
Goofballs serve bankers!
They screwed up the people's lives
The goofballs stunk up our world
Those big buffoons told way too many lies
Protecting goons every day
When their day is over
Most goofballs have a nice stiff drink
Wall Street ain't lookin' good
I do believe that ship will sink.
Goofballs serve bankers!
Goofballs serve the Fed!
Goofballs serve bankers!
Some elected live in big white house
And they fly in fancy jets
They could see the people protest just outside
Some have picket signs
They say- END THE WAR! WALL STREET GREED!
But those buffoons don't care
Remember this; so many troops have died!
This war...ain't goin' anywhere.
Goofballs serve bankers!
Goofballs serve the Fed!
Goofballs serve bankers!
End.
Anyone can 'Google the following videos and watch them on the web for proof that the politicians in the United States of America (most of them) are really serving the Federal Reserve and Wall Street, not the American people-
1) AMERICA: FREEDOM TO FASCISM
2) FRONTLINE: THE WARNING
3) FRONTLINE: INSIDE THE MELTDOWN
4) WHO OWNS THE FED BANK, WHO CONTROLS WHO VIDEO
5) WHO OWNS THE FEDERAL RESERVE? G. EDWARD GRIFFIN ON THE FED
6) INDYMAC BOYS GET SWEETHEART DEAL
7) THE NEXT HOUSING SHOCK
8) DID SPECULATION FUEL OIL PRICE SWINGS
9) YOUTUBE FALL OF THE REPUBLIC
10) ELIZABETH WARREN ON THE ECONOMY NOW ON PBS
11) THE OBAMA DECEPTION
12) THE ASCENT OF MONEY PBS
13) WHO CONTROLS THE UNITED STATES ECONOMY BY MAJORITY 2010
14) ELIZABETH WARREN GRILLS GEITHNER, CRITICIZES TREASURY'S FORECLOSURE PROGRAM PBS
Thank You
"Knowledge is power."
POWER TO THE PEOPLE
Karl
Highlands Ranch,Colorado,
USA
GOOFBALL SONG 8........
#14Consumer Comment
Mon, September 26, 2011
was submitted at this website on September 26, 2011.
Just type in- BANK OF AMERICA, to see if it is available in the consumer comments section at Ripoff Report #668678. (You can also type in 668678 at this site and that will take you there.)
Thank You
***MORTGAGE ALERT: Don't forget to type in 481508 at this site and read St. Clair's Ripoff Report for valuable information if you have a mortgage in the USA.
Karl
Highlands Ranch,Colorado,
USA
GOOFBALL SONG 8........
#14Consumer Comment
Mon, September 26, 2011
was submitted at this website on September 26, 2011.
Just type in- BANK OF AMERICA, to see if it is available in the consumer comments section at Ripoff Report #668678. (You can also type in 668678 at this site and that will take you there.)
Thank You
***MORTGAGE ALERT: Don't forget to type in 481508 at this site and read St. Clair's Ripoff Report for valuable information if you have a mortgage in the USA.
Karl
highlands ranch,Colorado,
U.S.A.
IT'S UNFORTUNATE THAT THE USA IS NOW A COUNTRY WHOSE FOUNDATION IS SOLIDLY BUILT ON- LIES, DECEPTION, FRAUD, MANIPULATION, GREED, EVIL, TRICKERY, DEEP CORRUPTION, & the....
#14Consumer Comment
Fri, October 23, 2009
CONSTANT PURSUIT TO FINANCIALLY INJURE THE INNOCENT PEOPLE living in America, & all over the world.