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citi financial: One Banks Nevou Approach to It's Foreclosure Assets
- 04/24/09 03:39 AM
Well, I would not have believed it - but one of the banks we work with in the sale of their Foreclosures has routine "Round Table" meetings where they discuss a "better way" to deal with the Flooding of the Market with Foreclosures. We discuss buyer incentives, financing, and how to best manage the assets so the Buyers don't have to put too much work into them before moving in. It is a interesting concept and what I have coined a "purple cow", according to the standards of Seth Godin. Since when does a bank really care about what the Worker
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