mcdonald v onewest federal complaint
DESCRIPTION
This is a Federal lawsuit filed by Bruce McDonald against OneWest bank who conducted an illegal foreclosure action against him in Saguache County Colorado. OneWest waltzed into Saguache County court and claimed they were the sole owner and beneficiary of a loan Mr. McDonald originally took out with IndyMac bank. Mr. McDonald managed to get confirmation from the FDIC that OneWest owned nothing. They lied for 8 months, conned the court into issuing an order authorizing sale. OneWest purchased the property at the Trustee sale with a deficiency "credit bid." In other words, they paid NOTHING for the property and a few weeks later flipped it to Freddie Mac for $10.TRANSCRIPT
