Comments on: Official: IndyMac is Done http://blownmortgage.com/2008/07/07/indymac-done/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Sat, 14 Nov 2009 14:41:57 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: mikew http://blownmortgage.com/2008/07/07/indymac-done/comment-page-1/#comment-12695 mikew Tue, 08 Jul 2008 12:16:29 +0000 http://blownmortgage.com/2008/07/07/indymac-done/#comment-12695 My company never had a truly successful loan close with Indymac. My heart does go out to the empoyees however. It is a difficult time to be laid off with our resumes. My company never had a truly successful loan close with Indymac. My heart does go out to the empoyees however. It is a difficult time to be laid off with our resumes.

]]> By: mikew http://blownmortgage.com/2008/07/07/indymac-done/comment-page-1/#comment-63529 mikew Tue, 08 Jul 2008 12:16:29 +0000 http://blownmortgage.com/2008/07/07/indymac-done/#comment-63529 My company never had a truly successful loan close with Indymac. My heart does go out to the empoyees however. It is a difficult time to be laid off with our resumes. My company never had a truly successful loan close with Indymac. My heart does go out to the empoyees however. It is a difficult time to be laid off with our resumes.

]]> By: Don http://blownmortgage.com/2008/07/07/indymac-done/comment-page-1/#comment-12694 Don Tue, 08 Jul 2008 11:56:09 +0000 http://blownmortgage.com/2008/07/07/indymac-done/#comment-12694 Mellish, HUH? Escrow is a great system, and the LAST thing you need is having attorneys involved in a "round table" closing. Nothing would get done. Nothing but manure there, dude. Yeah, I guess that works in places like ND where no one lives, but in a state of almost 40 million people, we need something more efficient. It's the GREED of humans that brought this on. People grow horns, even in North Dakota.<br><br>Please. Mellish, HUH? Escrow is a great system, and the LAST thing you need is having attorneys involved in a “round table” closing. Nothing would get done. Nothing but manure there, dude. Yeah, I guess that works in places like ND where no one lives, but in a state of almost 40 million people, we need something more efficient. It's the GREED of humans that brought this on. People grow horns, even in North Dakota.

Please.

]]> By: Don http://blownmortgage.com/2008/07/07/indymac-done/comment-page-1/#comment-63528 Don Tue, 08 Jul 2008 11:56:09 +0000 http://blownmortgage.com/2008/07/07/indymac-done/#comment-63528 Mellish, HUH? Escrow is a great system, and the LAST thing you need is having attorneys involved in a "round table" closing. Nothing would get done. Nothing but manure there, dude. Yeah, I guess that works in places like ND where no one lives, but in a state of almost 40 million people, we need something more efficient. It's the GREED of humans that brought this on. People grow horns, even in North Dakota.<br><br>Please. Mellish, HUH? Escrow is a great system, and the LAST thing you need is having attorneys involved in a “round table” closing. Nothing would get done. Nothing but manure there, dude. Yeah, I guess that works in places like ND where no one lives, but in a state of almost 40 million people, we need something more efficient. It's the GREED of humans that brought this on. People grow horns, even in North Dakota.

Please.

]]> By: Qatar Boy http://blownmortgage.com/2008/07/07/indymac-done/comment-page-1/#comment-12693 Qatar Boy Tue, 08 Jul 2008 03:28:04 +0000 http://blownmortgage.com/2008/07/07/indymac-done/#comment-12693 How shortsighted - how short term was their strategy. A fine company starting from 0 fifteen years ago now is brought to its knees by the greed that fueled the bubble. Cheers, QB How shortsighted – how short term was their strategy. A fine company starting from 0 fifteen years ago now is brought to its knees by the greed that fueled the bubble. Cheers, QB

]]> By: Qatar Boy http://blownmortgage.com/2008/07/07/indymac-done/comment-page-1/#comment-63527 Qatar Boy Tue, 08 Jul 2008 03:28:04 +0000 http://blownmortgage.com/2008/07/07/indymac-done/#comment-63527 How shortsighted - how short term was their strategy. A fine company starting from 0 fifteen years ago now is brought to its knees by the greed that fueled the bubble. Cheers, QB How shortsighted – how short term was their strategy. A fine company starting from 0 fifteen years ago now is brought to its knees by the greed that fueled the bubble. Cheers, QB

]]> By: Fielding Mellish http://blownmortgage.com/2008/07/07/indymac-done/comment-page-1/#comment-12692 Fielding Mellish Tue, 08 Jul 2008 01:16:55 +0000 http://blownmortgage.com/2008/07/07/indymac-done/#comment-12692 Indy Mac was a lousy company for most of its history. It's too bad for the families of employees. When it comes to the mortgage business, anything coming out of California is always suspect. I can't tell if it's because the state is populated by the offspring of peple who fled their past problems in search of easy living - in other words, that all of the ethics has been bred out of Californians, or if it's because with their amorphous "close in escrow" system they are not used to there being an absolute date where a loan has close & fund, but whatever it is, there is no sense of urgency out there. If you want to start a mortgage operation, start it in North Dakota or some place where people are used to getting up in the dark at 4:30 AM at 35 degrees below zero to milk cows. Don't try to run a mortgage operation someplace where yelling "surf's up" will leave your office empty. Indy Mac was a lousy company for most of its history. It's too bad for the families of employees. When it comes to the mortgage business, anything coming out of California is always suspect. I can't tell if it's because the state is populated by the offspring of peple who fled their past problems in search of easy living – in other words, that all of the ethics has been bred out of Californians, or if it's because with their amorphous “close in escrow” system they are not used to there being an absolute date where a loan has close & fund, but whatever it is, there is no sense of urgency out there. If you want to start a mortgage operation, start it in North Dakota or some place where people are used to getting up in the dark at 4:30 AM at 35 degrees below zero to milk cows. Don't try to run a mortgage operation someplace where yelling “surf's up” will leave your office empty.

]]> By: Fielding Mellish http://blownmortgage.com/2008/07/07/indymac-done/comment-page-1/#comment-63526 Fielding Mellish Tue, 08 Jul 2008 01:16:55 +0000 http://blownmortgage.com/2008/07/07/indymac-done/#comment-63526 Indy Mac was a lousy company for most of its history. It's too bad for the families of employees. When it comes to the mortgage business, anything coming out of California is always suspect. I can't tell if it's because the state is populated by the offspring of peple who fled their past problems in search of easy living - in other words, that all of the ethics has been bred out of Californians, or if it's because with their amorphous "close in escrow" system they are not used to there being an absolute date where a loan has close & fund, but whatever it is, there is no sense of urgency out there. If you want to start a mortgage operation, start it in North Dakota or some place where people are used to getting up in the dark at 4:30 AM at 35 degrees below zero to milk cows. Don't try to run a mortgage operation someplace where yelling "surf's up" will leave your office empty. Indy Mac was a lousy company for most of its history. It's too bad for the families of employees. When it comes to the mortgage business, anything coming out of California is always suspect. I can't tell if it's because the state is populated by the offspring of peple who fled their past problems in search of easy living – in other words, that all of the ethics has been bred out of Californians, or if it's because with their amorphous “close in escrow” system they are not used to there being an absolute date where a loan has close & fund, but whatever it is, there is no sense of urgency out there. If you want to start a mortgage operation, start it in North Dakota or some place where people are used to getting up in the dark at 4:30 AM at 35 degrees below zero to milk cows. Don't try to run a mortgage operation someplace where yelling “surf's up” will leave your office empty.

]]> By: morganb http://blownmortgage.com/2008/07/07/indymac-done/comment-page-1/#comment-12691 morganb Mon, 07 Jul 2008 22:38:06 +0000 http://blownmortgage.com/2008/07/07/indymac-done/#comment-12691 so right don, so right. round two (or three, who's counting?!?!?) here we<br>go... so right don, so right. round two (or three, who's counting?!?!?) here we
go…

]]> By: morganb http://blownmortgage.com/2008/07/07/indymac-done/comment-page-1/#comment-63525 morganb Mon, 07 Jul 2008 22:38:06 +0000 http://blownmortgage.com/2008/07/07/indymac-done/#comment-63525 so right don, so right. round two (or three, who's counting?!?!?) here we<br>go... so right don, so right. round two (or three, who's counting?!?!?) here we
go…

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