foreclosure: IndyMac Slap in Our Face - 02/12/10 12:36 AM
This same information, but given in a two hour presentation by a totally different source, is a real eye opener of the level of deception being fed to us.
The attached video talks about just one of the 'Sweetheart' deals the FDIC has made.  It has similar deals with over 52 banks.
So all the talk about Loan Mods......Window Dressing.
According to DSNews, which by the way has no article about the back door deals being made, but does have several articles on different institutions buying up defaulted loans......gee I wonder why.
http://www.thinkbigworksmall.com/mypage/player/tbws/23088/1006278
(4 comments)

foreclosure: Who Walks Out? New Studies Shed Light on Strategic Defaults - Very interesting, what do you think? - 10/02/09 01:59 AM
So how many of you are surprised with this information - or did you kind of already know this?What are you seeing in your area of the nation?A nationwide rise in homeowners' "negative equity" is convincing more people to walk out on their mortgages, even if they have favorable credit ratings and can afford to pay their loan, according to recent studies.Two reports - one by researchers at Northwestern University and two other colleges, the other by the national credit bureau Experian and the consulting firm Oliver Wyman - are offering a clearer picture of "strategic defaultees" than has been previously … (0 comments)

foreclosure: Central Oregon's Weekly Live Internet Real Estate Show!! - 07/05/09 11:27 AM
Central Oregon's only Weekly Live Internet Real Estate show on every Wednesday from 7 PM to 8 PM.  We cover all things real estate!  This is an interactive show.  Questions typed in are answered on the air!This week, 07/08/09, will feature information on how the EXIT Realty Bend office has the market share of REO listings and REO teams.  Hear how EXIT Realty Corp International works and the BENEFITS and support EXIT Realty offers you.If you are curious about what EXIT has to offer, tune in Wednesday from the comfort and privacy of your home.  Go to www.exitrealtybend.com and click on the link … (0 comments)

 
Linda McKissick (The Broker Network)

Linda McKissick

Bend, OR

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