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INDYMAC BANK

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290 complaints

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OneWest Bank, formerly IndyMac Federal Bank. IndyMac Bank provides a number of home mortgage products that are mostly first lien residential loans and huge full-documentation loans and home equity lines of credit.

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IndyMac Federal Bank, FSB (Federal Savings Bank) is a bridge bank created to manage assets and liabilities of IndyMac Bank, FSB until they can be disposed of. IndyMac Federal Bank is the largest savings and loan in the Los Angeles area and the seventh largest mortgage originator in the United States. The failure of IndyMac Bank on July 11, 2008, was the second or third largest bank failure in United States history, and the largest failure of a regulated thrift.

According to the Office of Thrift Supervision (OTS), in the nine months before it went into receivership, IndyMac incurred significant losses, severely depleting capital and jeopardizing the institution’s continued viability. IndyMac’s mortgage banking operations focused on Alt-A single family mortgages, which the bank could not securitize and sell in late 2007 due to the decline in the secondary market for non-agency mortgage loans. IndyMac moved $10.7 billion of loans intended for sale to the category of “held for investment” in the fourth quarter of 2007.

IndyMac Bank is a publicly held company, a wholly owned subsidiary of IndyMac Bancorp, Inc. The tagline of the company is: "Raise your expectations." The corporate headquarters of the bank are in Pasadena, California. IndyMac Bank is the seventh largest savings and loan institution in the United States. The bank provides a complete line of financing products and services. Primary funding of the bank composes of bank deposits, Federal Home Loan Bank advances, long term debt and home equity loans. Please try to contact INDYMAC BANK Customer Service directly prior to posting any complaints on this site.

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INDYMAC BANK Complaints & Reviews

INDYMAC BANK Reviews

Sims jinks
INDYMAC BANK - Im a custmer who has been held in predatory loan and been over charged

I have tried my best to get indymac to reduce my mortgage with a loan mod. That did not work because the would cliam that my paper work would be lost are it did not arrive. It was ...

#290473
Jan 20, 2012
53

Anonymous
INDYMAC BANK - IndyCrap Sold My Family Home

I urge everyone to steer clear from using IndyMac (OneWest), I was recently laid off and my youngest daughter with medical issues... I spoke with IndyMac to try and get a loan modi...

#286666
Jan 05, 2012
114

Jolanta
INDYMAC BANK - Inymac bnank And One West were sold to the government

Government came up with the money to bailout "trouble "Indy Mac . Ms. BLAIR WERE IS SHE SHE IS RESPONSIBLE FOR THE 'SWEETHEART DEAL' SHE GAVE TO INDYMAC BANK .THAT IS SHE A...

#285604
Jan 01, 2012
150

Baddmonk...
INDYMAC BANK - IndyCrapBank foreclosed $ sold my home w/o telling me or remodify my mortgage & evicted me !

I tried to remodify my loan w/IndyCRAP Bank. They never even responded and just gave me the run around : missing docs,paystubs etc. I submitted loan app. 2 times... Still no respon...

#275836
Nov 18, 2011
223

Ladies c...
INDYMAC BANK - Indymac trying to take my house after successful completion of bankruptcy and full payment of home.

Indymac is trying to take my home after I successfully completed my bankruptcy and received a letter from bankruptcy court noting completion and being paid in full. Who turned the...

#263022
Sep 20, 2011
393

Indymacfu
INDYMAC BANK - IndyMac taking disabled person's home

Indymac is still up to it's old tricks. It is now taking my home, I am disabled, barely able to walk and they have my home scheduled for a foreclosure sale on September 13, 20...

#259491
Sep 02, 2011
188

Twstoner
INDYMAC BANK - OWB - IMB Attempting to foreclose...help!

August 23rd, 2011I am currently involved in a court action in Daviess County Superior Court. In this case ONE WEST BANK is attempting to foreclose on my home and prope...

#259421
Sep 02, 2011
347

2100aweek
INDYMAC BANK - Either crooks or incompetent

I have been with them for 5 years. Talked to 2 different reps last Wed. Thu. and they said I needed $3000 by July 31st and my loan would be completely caught up and they were just ...

#249795
Jul 19, 2011
458

Dykstrar...
INDYMAC BANK

I received our denial due to immient sale today. What's funny is that IndyMac was working with my Loan Modification group and told them everything was fine and moving forward. The ...

#246296
Jun 30, 2011
416

Jlibra50
INDYMAC BANK - Denied 2 times by Indymac for Loan Modification

IndyMac has denied my HAMP modification twice due to imminent foreclosure sale of the property. As others, I have applied several times for HAMP modification and have submitted all...

#246287
Jun 30, 2011
515

Ready!
INDYMAC BANK - Denied HAMP mod due to imminent sale date.

IndyMac has denied my HAMP modification twice due to imminent foreclosure sale of the property. As others, I have applied several times for HAMP modification and have submitted al...

#244480
Jun 21, 2011
487

Ilitt1
INDYMAC BANK - IndyMac will not give me forbearance.

I had my mortgage modified under the HAMP program in May, 2010 with the help of an attorney. In November, 2010, I was let go from my job and have been unemployed for over 6 months...

#242492
Jun 10, 2011
483

SUZZZG
INDYMAC BANK - Indy Mac/One West bank I hatec

I just have to say how i hate Indy Mac and they help me lose everything i work so hard for. I requested a modification and because they customer did nothing but confuse me, lose my...

#241962
Jun 08, 2011
380

Anonymous
INDYMAC BANK - Foreclosed on my home.

I requested several times for a loan mod and/or hardship help from Indymac but denied.I needed to get my loan modified from an adjustable interest only loan to a fixed rate. From 2...

#240995
Jun 02, 2011
397

Anonymous
INDYMAC BANK - Ind/one west mort forced us into foreclosure ....

We fell behind 1 month and indymac/one west wanted some rediculous amount or wouldn't accept any payment. we then fell behind and after 6 months found out from other sources ab...

#238467
May 18, 2011
547

Anonymous
INDYMAC BANK - One West Dodging the Loan Mod

To everybody body who is having problems with one west do let them stall. Do not trust them because you will be served with an unsuspecting unwarranted foreclosure notice. Get an a...

#233768
Apr 22, 2011
627

TiredofI...
INDYMAC BANK - INDYMAC/ONE WEST BANK

I am very frustrated at this point. I would have been happy to do a refinance but that was not an option because the LTV wouldn’t work. I was told I had to miss payments to get ...

#233733
Apr 22, 2011
566

Cwagner
INDYMAC BANK - IndyMac/OneWest Mortgage

My story is the same as everyone else's. They have screwed me over. We need to figure out if we should walk away or ask for "cash for keys". We have exhausted our savings, and ...

#233452
Apr 21, 2011
618

Hootan
INDYMAC BANK - Indymac/Onewest loan modification

OneWest Bank, formerly IndyMac is fraud, they would just give you the run around and say they have not received the docs, but out of nowher they find it, and by the time they find ...

#233450
Apr 21, 2011
674

Anonymous
INDYMAC BANK - Indymac refuses to modify my loan

Indymac refuses to modify my 30 year fixed loan with them stating that I am not late in my payments threfore I do not qualify. They also refused to re-finance my loan stating I do...

#232816
Apr 17, 2011
630

Nancynee...
INDYMAC BANK - Delay tactics by IndyMac

I filed for a loan modification over a year ago. I have since re-applied 2 times. Every time they repeatedly asked me for financials and when they would finally accept a document ...

#231845
Apr 11, 2011
267

Angelind...
INDYMAC BANK - Indy mac, fight them back!!!!

Helping a friend who as been getting the "paper trail" run around for modification on mortgage. Every time they give documents they are asked to give the same ones over and over. ...

#231050
Apr 06, 2011
561

NowHereT...
INDYMAC BANK - INDY/MAC MORTGAGE SERVICES / ONEWEST BANK POOR CUSTOMER RELATIONS

"Do Not Deal With Indy/Mac Mortgage Services / OneWest Bank, For Any Type Of Home Mortgage Loans!".... Being A Current Indy/Mac Customer,.... Indy/Mac Now For Over A Month,... Has ...

#230691
Apr 05, 2011
656

Hdrules97
INDYMAC BANK - IndyMac sux

I've been trying to modify my loan with them as well, first it was--you are not far enough behind, then it was your credit score is high enough you should be able to refinance ...

#229714
Mar 30, 2011
280

Anonymous
INDYMAC BANK - Changed locks on property we still hold title too.

In 2008, I was laid off and was unable to pay the mortgage for our rental property.We tried many times to renegotiate the loan with IndyMac, a lender under Bank of the...

#227816
Mar 20, 2011
565

Anonymous
INDYMAC BANK - FDIC and INDYMAC

LOOK WHAT THE FDIC DID for INDYMAC with the help from people how much money went in their Packet?press x to closeEach depositor insured to at least $250,00...

#226789
Mar 15, 2011
624

Wolfe318
INDYMAC BANK - Indymac/owb

I was hurt on the job three years ago,I have had three surgerys since then, Back in the first year we contacted indymac and asked for help and was told by an indymac rep that tere ...

#225671
Mar 08, 2011
702

Mad one
INDYMAC BANK - Indy Mac Bank

We were trying for a home modification, after seven months we were denied. The bank allowed us to not pay $1,300.00 for those seven months.After being denied they tried to forclose...

#224623
Mar 02, 2011
368

Justmadd
INDYMAC BANK - IndyMac loan modification delay tactics!.

IndyMac claims to have lost,can't find,can't read, don't understand,and haven't yet posted, almost every document I have sent them for the last year of my ongoing m...

#224428
Mar 01, 2011
897

Anonymous
INDYMAC BANK - OneWest Bank/IndyMac

IndyMac Mortgage Services, Inc. is a division of OneWest Bank.  It is the mortgage servicing company for Deutsche Bank National Trust Company.  It operates using fraudulent means...

#221095
Feb 11, 2011
1001
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A bank is a type of financial institution that acts as a payment agent for customers. It borrows and lends money. In the United States banks are not allowed to own non-financial companies. Banks operate as payment agents since they conduct checking or current accounts for customers, paying cheques, and collecting cheques deposited the current accounts. These financial stuctures offer almost all types of payment services. The activities of a bank can be subdivided into retail banking, private banking, business banking, and investment banking. Banks offer more commercial services which include: issue of banknotes (promissory notes issued by a banker and payable to bearer on demand); issuing bank drafts and bank cheques; providing documentary and standby letters of credit, guarantees, performance bonds, securities underwriting commitments and other forms of off balance sheet exposures; safekeeping of documents and other items in safe deposit boxes; currency exchange; sale, distribution or brokerage, with or without advice, of insurance, unit trusts and similar financial products as a financial supermarket

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