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Loan Modification

: Loan Modification & Home Loan News

OneWest Bank lawsuit claims that they are profiting from foreclosures

By Moe Bedard

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PASADENA – A spate of recently filed lawsuits allege OneWest Bank is systematically hiking loan payments for struggling home loan borrowers and pushing them into foreclosure. Sacramento attorney Peter Macaluso said the Pasadena-based bank is doing it because it can make more money that way than by keeping borrowers in their homes. He has filed eight lawsuits [...]

Full post as published by Loan Modification & Home Loan News on February 24, 2010 (boomark / email).

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