THE HERTZOG BLOG: February 2010

OneWest Loss Share Agreement With FDIC And Loan Modifications- ABC15 Investigates

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 a blog I wrote on ActiveRain in September/2009 titled "Is The FDIC Killing Onewest Indymac Short Sales".  This is a tough story to tell in such a short period of time on the news, and I think the reporter did a very good job hitting on the main points.  To learn more about the case in-depth, feel free to visit the FDIC OneWest IndyMac blog.

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Bob Hertzog 

Summit Home Consultants

www.forsalephoenixhomes.com

Copyright © By Bob Hertzog 2010 *OneWest Loss Share Agreement With FDIC And Loan Modifications-ABC15 Investigates*


 

Bob Hertzog

Designated Broker-Summit Home Consultants

http://phoenixhomeseekers.com

           


 

 

Comment balloon 6 commentsBob Hertzog • February 27 2010 08:46AM
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