one west banks sweet deal: Indy Mac Bank's Sweet Heart Deal With the FDIC - 03/10/11 01:01 AM
 
This Is Old News from last year, however I thought its important to remind everyone the type of deal that many of these banks truly have with the FDIC. If you ever wondered why your loan modification went absolutely no where, ask yourself if your bank may have gotten one of these sweet heart "Stop Loss Agreements" with the Fed. Personally I think that this is an outrage, but that being said you should be aware of these things anytime you enter into a short sale negotiation. Ever wonder why some lenders take so long to process and negotiate a … (0 comments)