This only got me now? Indymac gets sweet deal with FDIC…WHAAAT?!?!
Indymac gets sweet deal with FDIC
ok, I’m officially pissed…
Can anyone tell me why we are still sitting on our butts waiting to tell our “politicians” that they are screwing this up by letting the banks get more money? I heard a little about this but didn’t realize how bad it was.
The FDIC is PAYING the banks to take short sales! No wonder it’s near impossible to get a modification now. WTH?!?!?
Watch the video and let me know your thoughts…and they better be good. I’m not letting any crap be left there about, “Oh it’ll work itself out.”, or “That can’t be right, I bet it’s not all that true…” CRAP CRAP CRAP It’s ALL TRUE, to what degree is the question.
I’ve already heard from others how much harder it is getting to get modifications, and how much easier it is to get a short sale. I hate to say it, but the Realtors that are short sale specialists are helping themselves to a bad situation and one that really only advantages the banks, and them. They are not really helping someone by saving their credit. that’s a side effect at best. (And I say this even knowing that it does save it a bit)
I want true thoughts folks, and then I wanna know what you’re going to do about it in November.
