forbanger
Contributing Member
Cash: $ 6.80
Posts: 31
Joined: 27 Dec 2007
Location: up north
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| Indy Mac CLOSED |
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Holy Crap!!! Waht the heck is going on??????
Hope no one in the forum has more than $100k in there.
NEWBIE
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Sat Jul 12, 2008 3:43 am |
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LottomagicZ4941
Senior Member
Cash: $ 3.31
Posts: 2488
Joined: 02 Dec 2004
Location: Earth
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We had our rental unit with those yo-yos.
Doesn't break my heart seeing them go by-by.
They made our realestate losses with the rental greater by starting forclosure procedings eventhough we were getting a short sale approved.
Would have kept the rental for an upturn but wife's employer decided to "flaten" the organization. Then the daft renters bolted when we were ethical and gave them a heads up that we were going to sell.
financially the smart thing to do would have been to keep them in the dark loner.
Good ridance indy mac you are one company that deserved to go bust.
Very poor customer service.
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Wed Aug 20, 2008 7:17 pm |
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No-Brainer
Senior Member
Cash: $ 66.65
Posts: 907
Joined: 29 Dec 2005
Location: Oregon USA
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More financial turmoil that is responsible for my online business booming. More and more people are turning to the Internet every day to find ways to bring in extra cash, or even replace their failing jobs.
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Pathway to Income
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Tue Apr 07, 2009 1:33 pm |
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Shane Watson
Contributing Member
Cash: $ 6.30
Posts: 31
Joined: 04 May 2009
Location: California
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Without doubt IM is the pressing issue here. But were do we see it in the near future. It is really replacing the failed job but is it our backup plan or is it the future that we are hoping for?
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Mon Jun 08, 2009 12:46 pm |
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ahalya
New Member
Cash: $ 0.60
Posts: 3
Joined: 13 Jun 2009
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Would have kept the rental for an upturn but wife's employer decided to "flaten" the organization. Then the daft renters bolted when we were ethical and gave them a heads up that we were going to sell.
========================================
Life Insurance
Surveillance Cameras
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Sat Jun 13, 2009 9:27 am |
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RoganDoss
New Poster
Cash: $ 0.40
Posts: 2
Joined: 19 Jun 2009
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| Where's Fred? |
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Apart from fleeing to France, where is Sir Fred (The Shred) Goodwin these days? Well apparently, according this video, he's still shredding!
It's good to hear he's given some of our fortune back to British taxpayer though, not that we'll see any of it.
 Jx
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Fri Jun 19, 2009 11:14 am |
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Offshore-Wealth.com
Senior Member
Cash: $ 4.45
Posts: 435
Joined: 20 Jul 2005
Location: FREEDOMLAND
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| Liar Loans Were Common with IndyMAC |
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Interesting,
Having been in the mortgage industry, this was one of the first banks to offer liar loans which is reason for whole financial collapse and millions going into foreclosure, so glad to see them fold, bunch of thieves.
Success to all,
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Sat Jun 20, 2009 2:31 pm |
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LottomagicZ4941
Senior Member
Cash: $ 3.31
Posts: 2488
Joined: 02 Dec 2004
Location: Earth
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| Re: Liar Loans Were Common with IndyMAC |
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quote:
Originally posted by Offshore-Wealth.com
Interesting,
Having been in the mortgage industry, this was one of the first banks to offer liar loans which is reason for whole financial collapse and millions going into foreclosure, so glad to see them fold, bunch of thieves.
Success to all,
Reminds me of the frog story. Put a frog in boiling water and s/he jumps out. Slowly turn up the heat and s/he boils to death.
Guess the melt down happened slowly even though the death came fast. Then again labor wise we are back to like 2003 levels.
Won't be real death of the econn unless we hit 1930ish levels.
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Sat Jul 04, 2009 2:38 pm |
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