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 Bee's have to think?
In the Case of Citi Financial and Citi Mortgage - their approach to their Banking business is about their "Reputation".
Which in these days of Banks falling away and constantly finger pointing elsewhere - Citi's approach is an extreme "Breath of Fresh Air".