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Great Video – How Bank Failures turn into the New Scam

Banks & Credit Card Companies, FCTC News, The Foreclosure Process, The Short Sale, Videos & Podcasts 12 Feb 2010 0 Comments Tags: bank failures, FDIC, foreclosure, seller having to pay short sale note, short sales

The IndyMac Slap in the Face – You Need to Watch This

The video was sent to me by my good friends at Asset Planning Strategies – Jeff Sprague and John Giangrande

This video tells the story how even when a bank fails, the purchasing bank places itself in a position for guaranteed profit on a short sale – all at the expense of the borrowers and the taxpayer.

Watch the video and tell us what you think!


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