Real estate blog entries tagged with risky loans by Pacita Dimacali - ePRO, SRES, CDPE, MBA Alain Pinel in Alameda County CA (Alain Pinel)

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Home : Blogs : Pacita Dimacali - ePRO, SRES, CDPE, MBA Alain Pinel in Alameda County CA : Pacita's Quick Bytes of Real Estate : Tag "risky loans"

risky loans: Downey Savings + Deutsch Bank = Impending Disaster - 08/05/08 11:44 AM

Since my seller's plea for a short sale was rejected by Downey Savings who holds the first loan, I've been trying to understand why Downey would refuse. Turns out that Downey sold the note to Deutsch Bank. Negative news and forums abound about both,
Deutsch Bank Credit Rating Cut Deutsh Bank Foreclosures Tossed Out of Ohio Federal Court Deutsch Bank Breach of Trust Downey Savings shares fall Downey Savings carrying risky loans Ailing Downey Savings is all shook up No run at Downey Savings --- yet The point to this is......if you're talking with clients who are either trying to sell or buy … (1 comments)

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Pacita Dimacali - ePRO, SRES, CDPE, MBA Alain Pinel in Alameda County CA

Oakland, CA

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Alain Pinel

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