• Easily access your clients financial worksheet

    Software designed to work with the actual flow of managing a modification request requires functionality such as our 'call in financials' panel which organizes a summary of expenses, bills and income.

     

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  • Creating Your Loan Modification Terms

    Quick review of how Casi Mod loan modification can quickly determine home-owner eligibility based on waterfall technology.  Perform multiple tasks without having to move to different screens. Easily switch from loan modification to a short-sale and remain on the same screen. Use the 'dirty' section to isolate items that are of concern or items that you should improve prior to lender / bank submission.

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  • HAMP Making Home Affordable

    Know when your client qualifies for the HAMP program base on information inputted into Casi Mod.  The Home Affordable Mortgage Program is one of the most important tools available to home-owners. Understanding the guidelines is important and Casi Mod simplifies the process by applying the rules that you can easily reference to determine eligibility.

     

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  • Send Loan Modification Package To Your Client Quickly

    Send loan modification package directly to client from the mail center.  Once the application is completed it will auto populate all information into the forms required to process the loan modification.  Send by email, efax, or print all documents directly to your prospect. 

     

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  • Loan Modification Worksheet.

    One screen, perform multiple tasks without having to move to different screens. Easily switch from a modification to a short-sale and remain on the same screen. Use the 'dirty' section to isolate items that are of concern or items that you should improve prior to submission to the lender or servicer.

     

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  • Offers comprehensive financial plans 

    Mortgage loan modifications may or may not be in the best interest of a home-owner. Casi Mod Loan Modification Software offers comprehensive financial plans that can assist the home-owner to understand all available options and then make an informed decision.

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One West Bank / Indy Mac - Casi Mod Loan Modification Software


OneWest Bank

OneWest Bank was formed from the ashes of IndyMac Federal Bank. IndyMac Federal Bank was originally IndyMac Bank before it was taken over by the FDIC. The FDIC managed the Bank for a short period of time and then sold all mortgages to various investors leaving many home-owners facing the real possibility of never receiving any assistance with their mortgage payments.

Contact information

OneWest Bank
Tel: (800) 781-7399
Fax: (866)-435-7643
www.onewestbank.com

 


What you can expect

Acorn has included them in the group know as the 'home wrecker 4' (click on the link and see for yourself; http://ourfinancialsecurity.org/2009/06/acorn-home-defenders-to-confront-%E2%80%9Chome-wrecker-4%E2%80%9D/

Don't expect much if any assistance from them. The modification process is long and in many cases the end result is negative. The problem lies with the fact that there are many investors involved who may own your mortgage. They have the final say in who they wish to assist and who they don't want to assist. In many cases, these investors are not interested in assisting home-owners with their mortgage payments if they are current or even if they are delinquent. They are more interested in liquidations and finding a better home-owner. They will not consider a mortgage modification if your home is a investment property, second home, or are unable to provide detailed income information.

They never provide any transparency regarding any modification guidelines that can help you prepare your modification request. If you are declined for a mortgage modification, they will not provide you with an intelligent and understandable reason. Usually, the response sounds like; "no, and we can't tell you why because the investor as a policy will not allows us to tell you why". If you want to contact the investor directly, good luck because the response is typically; "we can't tell you who the investor is per policy but you can request this information in writing and faxing the request to (269) 353-2432".

Modification request instructions can be found at: http://www.owb.com/singlecontent.aspx?id=1372&linkidentifier=id&itemid=1372

The instructions look very inviting, but don't be fooled. Don't even expect a call within 30 days from OneWest. You need to call them several times per week to ensure that at the very least your request was received.

We give OneWest Bank a poor rating and strongly urge you to seek professional representation in order to ensure that your rights are protected and to afford you the very best chance to obtain a mortgage modification.

 


 

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