Banking on irony
As you’ve heard, the Feds seized IndyMac Bank on Friday. (And here’s the latest on that, by the way.) It’s the second-largest U.S. bank default in history.
On Saturday, we got a letter from the bank, which holds our mortgage. I assumed it was news of the default, with information about the status of our mortgage.
No. Of course not. How silly of me. It was an offer of an additional $100,000 from the bank, if only we’d fill out the teeny form and return it.
If only the letter had arrived a day earlier! Because, as my wife said, it’s not like they’re going to be around to collect it.