Hen, being intimately familiar with those additional costs you referred to, I GUARANTEE these guys are making money by the truckload. Keep in mind, it doesn't MATTER what the house sold for....thus, there's no impetus to hold out for a higher offer...the FDIC (read: taxpayer) makes up the difference.89Hen wrote:You're talking abou tthe FDIC, right? One West did nothing wrong.AZGrizFan wrote:Honestly, those guys should be in jail. That shit just makes me sick to my stomach.
BTW, not going to say they're not making a lot of money, but these guys didn't give you any info on the cost of selling the property and keeping the note while it was for sale. For guys who love charts and graphics, they're not telling the whole story.
And you're correct, I'm talking MOSTLY about the FDIC. But it's disingenous to not include these donk leaders and the fact that they are fleecing the American public and getting away with it, without the press even saying "boo" about it.
