My experience at IndyMac

[Offshore]

I just recieved a link to this story and it's about I Mac

http://www.workingre.com/workingre/indymac-goes-around-comes-around.html

 

[Caterina Platt]

What a hideous comment.

Janet,

I agree it is hideous, but not in the same way. Bearslide's realization and comment is not what is hideous, it's the fact that there is truth to the statement.

Greed.

 

[Alison Swain]

Wait till the paper trail shows how many Foreclosures the Owner address is India, Iraq, Iran. & othe foriegn countries. Sorry Janet but there is PROFF that many purchases in AZ the owners actually have addresses in these countries.

Foot Note: See the report on clipped Coupons. That should make you nervous

Sad truth is we lived so good, for so long in this country we took it as a right instead of a privledge & now that we have allowed countries that some were never even heard of prior to the nineties to take us over, we still haven't let it sink in that we are in deep trouble & we THINK the Government will fix everything.

The USA has been Sold & all that is needed is the next president to sign the final papers.

A president whose middle name is Hussein, maybe?

Politics aside (yes, I know The Lounge is closed), I really don't think it matters whether the President's name is Obama, McCain, Clinton, Bush.......whatever. That Bill of Sale is getting signed regardless.

 

[The Bob]

http://cbs11tv.com/business/indymac.bank.fraud.2.772659.html

 

[Mike Boyd]

Sounds exactly like some of the deals that caused the S&L crisis in the late 1980s resulting in appraisal "reform," licensing and USPAP.

 

[Laura Goldware]

Vernon,

Your AF post is now on the blogs.



http://bigpicture.typepad.com/comments/2008/07/appraisers-wows.html

 

[murray stroupe]

Re; Indymac & News/FOX News

a]It's an Instructive Read.

b]Long story short;
better to have Indymac mad @you than the FBI.

c]Toothpaste & toothbrush are cheap;
never know when you may need extra of either.

 

[Terrel L. Shields]

The comment that caught my eye was a reply for Phillipe that he faced the same issues while chief appraiser at Ameriquest

 

[Vernon Martin]

Just had lunch with a friend who had a friend in the IndyMac commercial appraisal department. He says that at the end, IMB had a billion-dollar construction loan portfolio, 50% of which was in default.

 

[Joyce Potts]

Has anyone seen Brad Ellis?