Sunday, March 2, 2008

IndyMac's Loss Mitigation Department

Indymac seems to be charging a bogus fee to anyone who wants to work with their loss mitigation department for a short sale. They don't seem to understand that a short sale is benefiting them by selling a distressed proeprty prior to it becomming a REO status. the fee is $300 and is charged to the distressed homeowner who couldn't ake his payments on time.

the only worse story about short sales is the one from Angelo who spilled some SPF on teh loss mitigator who dropped his coffee on teh supervisore loss mitigator. I understand that both loss mitigators were fired. Maybe they should apply at Indymac for loss mitigation reps.

Chase loss mitigation isn't much better.

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