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Foreclosure Forum |
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Re: The inmates are running the asylum. (nt)In Reply to: The inmates are running the asylum. (nt) posted by JK (the other JK) on November 25, 2009 at 12:25 AM : : Can someone explain why the volume of postponements at trustees sales just continue to mount up? And why the lenders continue to keep reo inventory on the books without really being motivated to sell? I have a friend who is an AVP for OWB and out of 2000 houses she needs to foreclose on this month for her department the FDIC will only let her foreclose on 50. This is the SOP till April when they will revisit this glorious strategy.
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