hard money private money california bad credit sfr foreclosure short sale non conforming: Is The FDIC Killing Short Sales?
- 10/12/09 05:49 AM
The follwing Bank (One West Bank) received my sister's mortgage loan from IndyMac Bank and have refused to do a loan modification on the property as their lawyer informed them that the bank's investors were holding onto their money and worried about spending it in this economy. This blog just enlightened me. The bank and its executives want to foreclose because it nets them much more profit. I can't belive the government, FDIC, are allowing this... I hope the banks regain honesty soon.
Is The FDIC Killing Short Sales? As some of you already know, I blogged recently about being interviewed recently by … (3 comments)
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The follwing Bank (One West Bank) received my sister's mortgage loan from IndyMac Bank and have refused to do a loan modification on the property as their lawyer informed them that the bank's investors were holding onto their money and worried about spending it in this economy. This blog just enlightened me. The bank and its executives want to foreclose because it nets them much more profit. I can't belive the government, FDIC, are allowing this... I hope the banks regain honesty soon.
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