ING Likes to Lose Money - ING CEO Likes to Lose Money

http://shortsalepowerhour.com
Fred and Kevin don't understand why ING likes to loose money. ING CEO Arkadi Kuhlmann states that he would rather loose money than help homeowners.

ING shareholders... Be very afraid...

Category:

People & Blogs

Tags:

• Arkadi Kuhlmann
• ING
• short sale
• strategic default

[ypuppie]

You guys are tools. Neither of you have much of a clue about what you're talking about. The only thing you are good for is someone I can make fun of on a daily basis.

[yumacriminal96]

@ypuppie ha ha thanks for watching.... If you like we have about 12 hours of video you can buy and make fun of us for weeks! Let me know if you're interested.

[ypuppie]

@machallmachall ING doesn't participate in those programs because they are not a US based bank. Do some research before you write things.

[machallmachall]

ING is not honorable. The CEO says it won't participate in the government assistance programs, HAFA or HAMP because of all the "paperwork." No, ING refuses to participate because the gov't program has minimum standards...it requires the bank to try and help the homeowner with a loan modification. For SS, the bank has to pay 6% to the 2nd lien holder and pay a 6% commission to the realtors...which ING always refuses to do. ING negotiators agree to terms and then switch them up during a SS.