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loan modification scams: OneWest Bank Releases Their First Year Profit Statement $1.6 Billion- You Won't Believe This One! - 02/19/10 09:27 PM
OneWest Bank Releases Their First Year Profit Statement $1.6 Billion- You Won't Believe This One!
Kudos to Scott Reckard with the LA Times.  He wrote an article today that is sure to open some eyes.  The article, titled "OneWest Bank Profit: $1.6 Billion" does an excellent job of pointing out some very interesting observations.
According to the article, OneWest paid the FDIC $1.55 Billion for the failed IndyMac Bank, and turned a profit of $1.57 Billion in it's first year.  The article specifically addresses the shared-loss agreement that was also put in place by the FDIC, which is expected to cost … (111 comments)

loan modification scams: ATTN SELLERS: Phoenix & Scottsdale Loan Modification Scams: SELLER BEWARE! - 04/15/09 12:13 AM
OK, I've finally had it...  Time to get on my soapbox..AGAIN...  How many of you, in the last month, have seen an ad or received a letter in the mail for a so-called "Loan Modification Specialist"?  It's getting out of control, I know.  The ads are everywhere, and it makes me sick everytime I hear about another homeowner being taken advantage of by what I'll call the "Scum of the Earth".
When someone that is "upside-down" in their home calls me for advice, my first goal is to try to keep them in their home.  In doing so, I'm fully aware that if my advice keeps them … (1 comments)

 
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Bob Hertzog Phoenix Short Sale Agent, Designated Broker

Phoenix, AZ

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Summit Home Consultants

Address: 7702 E Doubletree Ranch Rd., Suite 300, Scottsdale, AZ, 85258

Office Phone: (602) 957-1583

Cell Phone: (602) 909-5994

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