Padget v OneWest – IndyMac Provides some insight into RESPA remedies

9 Comments / CDO, Corruption, Eviction, expert witness, foreclosure, foreclosure mill, GTC | Honor, HERS, Investor, Modification, Mortgage, securities fraud, Servicer, Statutes / By

The Ocwen Court provided an example for clarity: “Suppose an S & L signs a mortgage agreement with a homeowner that specifies annual interest rate of 6 percent and a year later bills the homeowner at a rate of 10 percent and when the homeowner refuses to pay institutes foreclosure proceedings. It would be surprising …

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