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The following is a nice little video describing some very the typical FDIC nepotism that is costing Americans massive amounts of money and is siphoning trillions directly into the pockets of the mega mega wealthy.

The good news is that if your bank is Onewest they do have a huge incentive to do a short sale.  This is good if you want to do a short sale but obviously not if you wanted a loan modification.  I have a feeling that the benefits of a short sale are so high that they would have have been hard to negotiate that deficiency mentioned in the example but I who actually knows what could have happened.

What other industry do you make money when you lose money?  To bad we all can’t be mega billionaire bankers.  Then there might be a peoples bail out… accept we would all be bailing ourselves out so what is the point…


Andy Morris is an Ohio real estate broker with an expertise in selling homes on a short sale. If your Ohio home is heading towards foreclosure or you owe more than your property is worth, please call Andy at 888-4-STOP-IT to see if you qualify for a short sale with your lender.

1 comment to Short sale greed! FDIC INDYMAC ONEWEST GOLDMAN SACHS

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