Tag Archive for: seller having to pay short sale note

Great Video – How Bank Failures turn into the New Scam

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!