Posted on September 30, 2008 by paradigmdefault
After what seemed to be the final meeting to resolve issues regarding the nation’s $700 billion bailout, the entire global population stares stunned at headlines everywhere reading, “Bailout Plan Rejected”, or “Markets Plunge”, or Forcing New Scramble to Solve Crisis“.
As the Dow dropped to 777.68 points yesterday to set a a new record drop on [...]
Filed under: Uncategorized | Tagged: bailout, bank of america, BPO, citichovia, citigroup, jp morgan chase, leder, merrill lynch, national city, nfsti, paradigm, REO, suntrust banks, wachovia, washington mutual, wells fargo | 1 Comment »
Posted on September 29, 2008 by paradigmdefault
As many of our readers know, Paradigm Default Services (PDS) is an agent-centric default servicing (asset management) business model. The goal of PDS is to “shift” with the new market, putting a heavy emphasis on the knowledge and expertise of the local real estate professional. Is that to say that we assume every REO specialist [...]
Filed under: Uncategorized | Tagged: asset, bailout, bank, BPO, default, foreclosure, lender, management, nfsti, paradigm, REO | Leave a Comment »
Posted on September 29, 2008 by paradigmdefault
The White House and Congressional leaders have come to an agreement after several days of meeting, many times on very little sleep. The decision is to move forward with the $700 billion bailout plan proposed earlier in the month of September. The US Treasury will be accountable for major crucial issues still to be determined, [...]
Filed under: Uncategorized | Tagged: asset managers, bailout, congress, congressional, dodd, foreclosure, REO, treasury, washington mutual, white house | Leave a Comment »
