Is The FDIC Killing Indymac OneWest Bank Short Sales? - 02/24/10 02:18 AM
wow..  more info regarding those one west bank short sale with indymac.  This post has some great insight into the money being made with foreclosures at the expense of taxpayers.  
Via Robert G Hertzog (Summit Home Consultants):
Is The FDIC Killing Indymac OneWest Bank Short Sales?
As some of you may already know, I specialize in helping homeowners avoid foreclosure through the use of short sales.  Recently, I dealt with a very interesting case involving Indymac/OneWest Bank, that I felt needed to be brought to the attention of all American taxpayers.  
Basically, IndyMac Bank (now OneWest Bank), is holding one of … (2 comments)

1032 Rainbow Court, Waterlefe executive home short sale - 02/23/10 10:57 PM

Price $1,250,000
Beds 5 Baths 6 full, 1 part baths
Home Size 5,740 sq ft
Lot Size 13,111 sq ft
Days on Market 11 Short sale.
Incredible views..Luxury Waterfront and Golf course Estate. Boat dock with access to the Manatee River and Gulf. Amazing combination of golf and endless river views. Every upgrade offered by builder is here, home theatre room, gourmet outdoor kitchen, pool/spa. Bring the boat!!
 
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OneWest Bank Releases Their First Year Profit Statement $1.6 Billion- You Won't Believe This One! - 02/21/10 09:05 AM
Wow this
Via Robert G Hertzog (Summit Home Consultants):
OneWest Bank Releases Their First Year Profit Statement $1.6 Billion- You Won't Believe This One!
Kudos to Scott Reckard with the LA Times.  He wrote an article today that is sure to open some eyes.  The article, titled "OneWest Bank Profit: $1.6 Billion" does an excellent job of pointing out some very interesting observations.
According to the article, OneWest paid the FDIC $1.55 Billion for the failed IndyMac Bank, and turned a profit of $1.57 Billion in it's first year.  The article specifically addresses the shared-loss agreement that was also put in place by … (0 comments)

The Space shuttle gets ready to retire... Is this a good thing for Florida and the U.S.A.? - 02/15/10 09:36 PM
I took my family to see the last scheduled night launch of the space shuttle...  WOW it was cool!  

 
The first scheduled launch was canceled due to inclement weather, so we stayed the night to see it go off.  With the extra time we went to the Kennedy Space center.  I haven't been there since I was a kid, and I must say that the whole family had a great time.  I would have expected it to be crowded, but there were no lines, no crowds.  
 
If you get the chance to go to the Kennedy … (2 comments)