Not too long ago I posted questions about any contacts out there for the FDIC. Several folks were very generous with the information they had and I seriously followed up. I thought I would update you now with what I mostly HAVEN'T been able to find out.
Prescient is a mega broker for them but they do only take written applications that should have already been mailed. I wouldn't let that stop me though. Prescient's web site leaves much to be desired. Static links and lots of 'coming soon' features. My impression is that this could take a while. I have a townhome complex I am bird dogging for a client but there is absolutely no one I can find to talk to or submit an offer. I know that the loan was bad and that the FDIC took over the lender. I can't find any deed of foreclosure though and I'm afraid that the FDIC pulled the trigger before the actual sale on the courthouse steps. That could be a problem. Anyone run into this before?
I don't know what is going on with them but from my perspective they are MIA. Has anyone been accepted by Precient yet? Are they just going to bundle this stuff and sell it off blind to investors? Anybody? Anything?
Thanks for your input.