One of my good friends was the #1 agent in the world (yes the world) in the last foreclosure cycle in SD. His sources in the top 3 banks are far beyond some anonomous Internet poster aka CAR. He tells me the banks have no clue whats going on and one person cant be trusted from the next. Naive people like CAR beleive in conspiracy and that one person working in a bank actually knows what is going on.
Here’s the truth. The person you talk to at a bank doesnt talk to the person sitting at the desk next to them for the last 10 years let alone do they know the global foreclosure policy for the bank. They couldnt tell you their cubemates dogs name let alone what the super secret REO disposition policy is. No one knows…not a single person yet CAR fires up her tinfoil hat and cooks up all kinds of conspiracies.