OneWest Sued: Indymac Bank F.S.B. v. Yano-Horoski
In a decision issued Nov. 19, a New York state court judge barred a foreclosure action and ordered the cancellation of a borrower’s loan because of OneWest’s conduct in the case. Judge Jeffrey Spinner called OneWest’s actions “harsh, repugnant, shocking and repulsive” and said it was “made clear to the Court that plaintiff had no good faith intention whatsoever of resolving this matter in any manner other than [foreclosure].”
