OneWest Bank to lay off 725 Texas workers

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OneWest Bank to lay off 725 Texas workers

OneWest Bank to lay off 725 Texas workers

I wonder if Erica Johnson Seck & Roger Stotts will be on the list amongst others who worked for IndySmack in the days?

Whistle-Blowers to the front of the line.

Abc Local-

Executives with OneWest Bank have announced that more than 700 workers will lose their jobs as the company is acquired as part of a $2.53 billion deal.

The Austin American-Statesman reports Monday that the majority of the 725 employees work at a call center.

[ABC LOCAL]

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One Response to “OneWest Bank to lay off 725 Texas workers”

  1. keepon says:

    “Atlanta-based Ocwen Financial Corp. … purchasing mortgage servicing rights from OneWest. … a string of acquisitions by Ocwen of companies that collect payments on subprime mortgages.”
    Also GMAC, Liberty, Homeward, Litton, Saxon, ResCap…

    http://forums.naca.com/?p=4347

    “Ocwen is now positioned to become the 5th largest servicer of home loans in the United States by acquiring Residential Capital’s (ResCap) and mortgage giant GMAC’s mortgage servicing and origination platforms, owned by taxpayers after it received a series of taxpayer bailouts. While having its executive headquarters in West Palm Beach, Florida, OCWEN USES INDIA as its PRIMARY LOCATION for operations, including MORTGAGE SERVICING and more critically, MORTGAGE MODIFICATION DECISIONS.

    Ocwen’s BUSINESS MODEL is to USE TAXPAYER FUNDS TO HIRE LOW WAGE WORKERS IN INDIA TO DETERMINE WHETHER TO MODIFY OR FORECLOSE ON AMERICAN HOMEOWNERS.”

    It’s an INSURGENCY- a COUPs!

    May God Bless America to quote our President.

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