Indymac
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IndyMac Adds to FDIC Bank Closings in 2008IndyMac Bank's failure announced by the FDIC on July 11 makes 2008 a banner year for bank failures. Find out what you need to know in the event you are affected by a bank closure. -
IndyMac a Division of OneWest Bank Not Honest on Website to Homeowners Regarding Loan Modification HAMP ProgramIndyMac Mortgage Services, a division of OneWest Bank, not honest on eligibility for loan mods under Obama's Home Affordable Modification Program. This would help homeowners know in the begining if they face foreclosure, cash for keys or short sale. -
Indymac Not Doing Modifications for Homeowners by Blaming Obama's Home Affordable Modification Program and US TreasuryIndymac along with Deutsche Bank is blaming Obama HAMP,United States Treasury Department, congress for not being able to do loan modifications. Denying homeowners loan mods stating HAMP prevents them from approving. -
Three Banks that Could Follow in the Footsteps of IndymacA look at three banks that are having severe financial troubles and could follow in the footsteps of IndyMac. -
After IndyMac, Five Banks that Are SafeThe current fear in the banking system has begun to go overboard. These five names have no business being in the same discussion with an IndyMac. -
What You Need to Know About the Indymac Bank Loan Modification ProgramThe loan modification program under IndyMac Federal Bank (FSB) is implemented to modify troubled mortgages under IndyMac. This program has been created as a result of millions of defaulted mortgage agreements.
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FBI Investigates IndyMacThe FBI is investigating IndyMac Bancorp for fraud.
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IndyMac Bancorp's Fall Sheds New Light on Rising Amount of Uninsured DepositsUninsured deposits at banks have grown in recent years, and there are under the microscope after IndyMac's seizure by the Federal Government. -
Did Senator Chuck Schumer Cause Indymac Bank Failure?Senator Chuck Schumer, Democrat from New York, has accused of causing the collapse of Indymac Bank, the second biggest bank failure in American history. Senator Schumer has denied causing the run on Indymac that resulted in it's failure and takeover by federal authorities. -
Not All Banks Accepting FDIC Indymac Bankcorp Check?Just when you think, it can't get any worse for our financial crisis regarding one of the worst "run on the banks" in history, it is being reported that there are some banks not feeling too confident in our government's FDIC.
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FDIC Seizes IndyMac Bancorp IncIt has been about 80 years since Wall Street investors were doing swan dives out of their 12th floor offices...
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Did FDIC Chairman Sheila Bair, Obama HAMP and US Treasury Department Deal with OneWest Bank Deny Loan Modifications for HomeownersWhen OneWest Bank was IndyMac Federal under the FDIC Loan Modifications were being completed. Once taken over by OneWest Bank loan modifications have all but ceased, deal made by Sheila Bair with taxpayer money may be to blame. -
Report Release by US Treasury Department Jan 2010 Shows OneWest Bank Still Failing at Loan Modifications for American Homeownersreport Jan 15 2010 US Treasury Department Shows OneWest Bank formerly IndyMac Bank poor performance on loan modifications. 1,226 permanent loan mods. FDIC deal no incentive. OneWest forecloses on borrowers in modifications -
Do Not Donate to Haiti Thru Dell Inc Founder Michael Dell Owner of OneWest Bank Not Doing Loan Modifications According to Obama HAMPDell Inc asks employees to donate to Haiti. While founder Michael Dell investor in OneWest Bank formerly IndyMac Bank denies loan modifications under Obama's HAMP program that should have been approved and forecloses on American homeowners. -
An Explaination of the NPV or Net Present Value that Lenders Are Using to Deny Loan ModificationsOneWest Bank formerly IndyMac Bank and other lenders are using the NPV or Net Present Value to deny loan modifications. Here is a explaination of what it is according to Obama's HAMP or Home Affordabale Modification Program -
Do Not Do Donations or Donate to the Michael and Susan Dell Foundation. Dell Investor in OneWest Bank Foreclosing on American HomeownersDo Not Donate To The Michael and Susan Dell Foundation. Michael Dell investor in OneWest Bank formerly IndyMac is denying loan modificaions for American families homeowners and foreclosing ignoring rules of Obama HAMP Home Affordable Modification Program -
FDIC Loan Modification Success Story Indy Mac Bank Now OneWest Continues to Fail in Obama HAMP Loan ModificationsFDIC Sheila Bair in 2008 boasted about IndyMac Bank loan modification success. Today One West Bank in US Treasury Obama HAMP loan modification report for April shows loss share agreement consequences and continued failure. More foreclosures to come. -
Are Lenders "Cherry Picking" Loan Modifications for Homeowners Facing Foreclosure?Loan modifications are in a race with foreclosures. Homeowners are finding that Obama's HAMP, Home Affordable Modification Program, is not working when it comes to loan mods. A few success stories. Are lenders, like IndyMac, cherry picking loan mods? -
If Lenders Did Loan Modifications According to HAMP Foreclosures, Short Sales and Cash for Keys Would DiminishBased on press release of Sept 9 2009 on Obama's Making Home Affordable Program or HAMP Lenders are not playing by the rules on Loan Modifications. Homeowners facing foreclosure got letters from Indymac, part of OneWest Bank that highlight the problem. -
As First National and Other Bank Failures Surge, Should You Make a Run for Your Money?With IndyMac and First National Bank being taken over by regulators and bank failures potentially set to surge this year, here's what you need to know before you make a bank run.
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Should You Withdraw Your Money from Your Bank?IndyMac prompts worries over local banks
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Are Your Bank Deposits Safe?The current state of the US banking sector and whether deposits in banks are safe
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Why You May Be Wasting Your Time Trying to Get a Loan ModificationTrying to get a loan modification may be close to impossible. Many homeowners are finding out that foreclosure may be their only option when dealing with banks. Lenders like Deutsche Bank and Indymac Bank are finding every excuse not to modify your loan. -
Barney Frank Wants to Keep T.A.R.P. Profits!Barney Frank (D-Ma) believes the T.A.R.P. profits should be his and proposed to divert these funds to another "affordable housing" scheme. This is what caused the economy to collapse. -
Florida Bank Closure of BankUnited Costs FDIC $4.9 BillionRead on for details of a bank closure in South Florida that will cost the FDIC an upwards of $4.9 billion
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Capitalism Works. It's Government That's Buggered!If I ask you what is different today than a year ago one of your first answers would undoubtedly be the economy.
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2009 Bank Failures Eclipse Numbers of Failed Banks in 2008Bank failures lack the sex and glamour of Hollywood stars and their antics, but they sure have a significant impact on your pocket book. The rate of 2009 bank failures is alarming. Do you know how to protect yourself? -
Depression Looming?It's no secret that the economy has been doing bad for a while now. We've been in a recession since December 2007. Here's why I think a depression is looming and what you can do to prepare yourself for the inevitable.
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With Hundreds of U.S. Banks Still in Jeopardy, Credit Crunch May Last for DecadesAlthough the American economy and the global economy both appear to be stabilizing, the U.S. banking sector nevertheless continues to struggle.
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Traveling is the Best Choice During RecessionSay it ain't so! Having a choice between coming home to face the nation's financial crisis OR living inexpensively overseas while experiencing new adventures daily, CHOOSE to stay put in SE Asia while America rides through the financial recession. -
McCain's 10%My thoughts on Senator John McCain's similarities to President Bush and the Democratic line of attack.
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Economic Crisis, Meltdown, or Whatever You Want to Call it 2008A conceptual overview of where we are and how we got there and some thoughts on the future.
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New College Football Bowl Games for 2009-2010 SeasonThese are new bowl games I believe would be an exciting addition to the next college football season.
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Why Obama's Home Affordability Program was Set Up to Fail for US HomeownersObama's Home Affordability Program also known as HAMP was made to not modify loans for homeowners. The provisions that would have saved millions of homeowners was removed by Congress. Leaving only foreclosures as the answer. -
Octuplets Grandmother in ForeclosureThe grandmother of the octuplets born to Nadya Suleman faces foreclosure on her 3 bedroom home. Did providing support for her daughter and six grandchildren contribute to this situation.
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A Contrived Crisis? - You DecideQuestions are arising regarding the supposedly random series of events that catapulted Obama into the White House
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Government Rescue Plan - What it Means to You!You may be asking yourself: What does the government economic rescue plan do for me? This article will explain if and how you can personally benefit from the government's efforts!
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Was the Economic Crisis Manufactured?There is now enough information to allow for the possibility that the current economic crisis was engineered for political gain -
Is Obama Trying to Bankrupt America?Is Obama deliberately trying to destroy America's economy? You decide.
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US Treasury Press Release January 2010 of HAMP Obama Home Affordablity Program Still Wrong for Loan Modifications and ForeclosuresForeclosures will continue under Obama's Home Affordable Modification Program in 2010. The revision done by US Treasury Department January doesn't address problems of loan modifications. Again Obama is out of touch with middle class America
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