Exclusive: Sweetheart Mortgage Deals for Billionaires – The Complete List of Banks » Publications » Family Security Matters

Exclusive: Sweetheart Mortgage Deals for Billionaires – The Complete List of Banks » Publications » Family Security Matters: "My recent article titled “Sweetheart Mortgage Deals for Billionaires that will Make Your Blood Boil” detailed a 'short sale from hell' experience that I had with OneWest Bank in September 2009. It was recently brought back to life, so to speak. The article discussed the shared loss agreement that is currently in place with the FDIC and OneWest Bank, and how I felt the agreement puts sellers at a distinct disadvantage when negotiating with lenders that have these agreements in place. I would highly recommend clicking the link above and reading it before continuing, so the rest of this story makes sense.

I can't tell you how many phone calls and e-mails I've received since the article published. In the past few days, it has received thousands of views. The one question that I am constantly asked is, 'How many other lenders have this deal in place?' or 'Does Lender XYZ have this agreement in place with the FDIC?' Unfortunately, until today, I didn't have that information."