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April 23, 2014
Whistleblower Suit Against Mortgage Lender
In April 2014, a lawsuit was unsealed that accuses OneWest Bank, formerly known as IndyMac Bancorp, of abusing the 2009 Home Affordable Modification Program (U.S. ex rel Fisher v. OneWest Bank FSB, U.S. District Court, Southern District of New York, No. 12-09352). The program gives mortgage lenders financial incentives to perform loan modifications to qualified homeowners....
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