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onewest short sales: Making Sense Of The Mortgage Crisis-How The FDIC Loss Share Program Is Hurting Homeowners - 09/23/10 02:36 PM
Making Sense Of The Mortgage Crisis-How The FDIC Loss Share Program Is Hurting Homeowners
In September/2009 I wrote a blog titled "Is The FDIC Killing IndyMac OneWest Bank Short Sales & Loan Modifications?". In February/2010, the folks at TBWS used this blog to create a video that ending up going "viral".  If you watch the video, you will see that all of the numbers and the explanation of the FDIC loss share program were taken directly from my original blog post.  For those of you that are not familiar with the video, at last count it had received over 1.3 million … (16 comments)

onewest short sales: OneWest Short Sale Dept Gets Caught In A Lie-In Writing - 09/21/10 06:35 PM
OneWest Short Sale Dept Gets Caught In A Lie-In Writing
Today, we once again caught OneWest in a lie, but this time they screwed up and put it in an email to us. Let me explain what happened.
We turned in a short sale package on August 16, 2010.  First, they told us that they couldn't accept the complete Arizona pre foreclosure package because we had the wrong property address.  Come to find out, THEY recorded the original deed incorrectly when my client closed on the property in 2004.  So, two weeks later, and several futile escalation attempts, they fixed the … (1 comments)

onewest short sales: OneWest Loss Share Agreement With FDIC And Loan Modifications- ABC15 Investigates - 02/27/10 08:46 AM

OneWest Loss Share Agreement With FDIC And Loan Modifications- ABC15 Investigates I received a phone call the other day from the local ABC affiliate in Phoenix, ABC 15.  They did an "investigative report" on the effects of the FDIC loss share agreements that are currently in place with not only OneWest, but 95 other lenders as well (at last count).   They interviewed both me and the homeowner (my client).  I think my client's frustration shown in the interview is an example of how many homeowners feel today.  To watch the story, click here. The basis of the story was … (6 comments)

 
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Bob Hertzog Phoenix Short Sale Agent, Designated Broker

Phoenix, AZ

More about me…

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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