Plaintiff inherited property from his mother and obtained a loan from Indymac shortly thereafter. Plaintiff paid his property taxes directly to the tax assessor. Plaintiff then transferred the home to his personal trust. Upon the transfer to his trust, the tax assessor mistakenly reassessed the value of Plaintiff’s home and increased his property taxes.
Plaintiff disputed the increase with the tax assessor and advised his lender (Indymac transferred to Ocwen) of the mistake. Onewest made the incorrect payment to the tax assessor and escrowed Plaintiff’s taxes thereby increasing Plaintiff’s monthly payments to Onewest. Onewest initiated foreclosure proceedings and foreclosed on Plaintiff’s property.