Indymac Bank
Awful bank

I am one of the foreclosures with Indymac. My home is one that I live in, so I'm not a "house flipper". So, things are bad and I get in touch with Indymac's loss mitigation specialist. Basically, all he has to say is that I either have to come up with a lump sum to refinance or I have to furnish proof of more income! If I had money I wouldn't be losing my house!!!

To top it all off, the house is now not even worth $125,000 (not selling at that price on the MLS over the past 8 months). This Indymac guy says if I refinance the house is worth $164,000... I am wondering what planet he is on? Now, I've written Micheal Perry CEO for help, one week ago, and have heard NOTHING!

Now, wonder why the banks continue to fail. If they operate like this one, their properties are just going to rot and lose value, instead of them getting something... They are choosing to get nothing...

Company: Indymac Bank
Country: USA
Site: indymac.com

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