The FDIC & OneWest Bank Scam
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9:53
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With the Updated FDIC Loss Share Agreements: Whats ...by patrickprecourt1,292 views
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Why Banks Forecloseby nailerfx2,052 views
Except when they are wrong. In this case, the presenter is very misleading on a crucial piece of information. Ultimately, as long as the acquiring institution collects out their basis then they make zero profit and the FDIC doesn't lose more than their initial estimate at the time of the failure. It is difficult to understand, but in summary, the FDIC only pays the acquirer 20% of the expected hole at the sale date and the remaining 80% later when they take the write-downs.
tashawn2222 4 months ago
Lemota21--his "facts" are all over the internet. I discovered them 2 years ago when I was researching OneWest because I am a real victim of their dirty little tactics. What he says is true and i have thousands and thousands of emails from customers of OneWest a/k/a OneEVIL bank to prove it. These investors were aggressive from the get go. Once they took over, they started an audit of all the loans to weed out those which they wanted to rid and get reimbursed under their loss/share agreement.
roboyle55 6 months ago
Do you people realize what this video telling you?? This example is one of the most extreme worst cases this money went towards.. I would be angry if I didn't realize this is a 1 in 100 case. If they let everything fail stance took over during this downturn happened we would all be sitting around fires eating canned food... Where did his facts come from too?? think about it and make a informed choice..
Iemota21 1 year ago
Insaine by all means... If there is a god I would be very afraid if I was one of these Fukers........They will burn for a very long time, We have witnessed one of the biggest bank roberies of all time and the sad part about it all is thats its still going on.... People rise and claim what is truly yours.....
sedonastarman99 1 year ago
Dam! What can people do about this?
tateresa123 1 year ago
@REman07 You are not awake...
thorntongifts 1 year ago
Hey, facts are facts.
thorntongifts 1 year ago
This should have never been spammed. These guys are crooks.
dancat4 1 year ago
you get this from THINK BIG WORK SMALL
slamokc 2 years ago