Report: #458386

Complaint Review: One West Bank Indymac

  • Submitted: Wed, June 03, 2009
  • Updated: Wed, June 03, 2009
  • Reported By: redondo beach California
  • One West Bank Indymac
    , Indiana

One West Bank Indymac one west bank indymac watch out for these guys Indianopolis Indiana

Show customers why they should trust your business over your competitors...

I had a mortgage with Indymac bank and have paid on time. I did not have an impound account set up to pay the property taxes. I live in Los Angeles county and our property taxes are outrageously high but I have managed to pay them timely. However I got behind this year as a lot of homeowners in LA County. I called the Tax Assessor and worked out a payment plan and was told by the Assessor's office that "don't worry about us trying to auction off your home, we don't do that unless you are way, way behind--like 5 years".

Long story short, One west bank took over Indy mac and re-did my loan. They took it upon theirselves to pay the outstanding tax bill, tack it onto my loan and increase my monthly payment from $2200 a month to $4400 saying that my escrow account was in the negative by $11,000!!!! My taxes were only $3700 WTF???

I called One West Bank--no help at all. I can't get past the main customer Service unit and had to deal with a condscending rep. who was immediately hostile.

This doesn't sound legal at all. They are saying that my escrow account has a deficiet of $11,000 when I NEVER had an escrow account with this mortgage. They seem to be basing the deficiet going back to the inception of the loan.

redondo beach, California
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This report was posted on Ripoff Report on 06/03/2009 11:08 PM and is a permanent record located here: The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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