In regards to my first blog entry about Indymac's failure effecting a client of mine, just to report some good news in this.
My client's lender has had communication with Indymac's title company liason, and sounds as if they will be able to provide satisfactory proof of authority to sign on behalf of Indymac bank. There is some good news for my clients! And it could happen as early as this Friday, but we won't "bank" on that! (sorry, couldn't help myself)
I couldn't imagine them not wanting to collect on their assests, so we figured it would just be a matter of time (how much we time we didn't know) before they would resume communications and see this to the closing.
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