These same bankers could’ve chosen another route. Accidentally banks got caught up in their own executives/controlling shareholders ‘hyper greed’. OK let me reel in my once more. Essentially, rEO and subtracting this sale price from the note face value creates an absolute loss and was probably paid by FDIC or some government or CDS insurance loss subsidy. With that said, recasting ‘subprime’ predatorial notes at 90percent NPV in addition lets the banks to get subsidies for losses. That said, lets people keep their homes and pay more affordable mortgages and stops inventory tremendous flow or… Read Article →
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REO and subtracting this sale price from the note face value creates an absolute loss and is always paid by the FDIC or some next government or CDS insurance loss subsidy. These same bankers could’ve chosen another route. Then the payday for running a Administration is always truly in administrations aftermath failure to the US citizens. OK let me reel in my once again. Accidentally the banks got caught up in their own executives/controlling shareholders hyper greed. Recasting ‘subprime’ predatorial notes at 90percent NPV in addition helps banks to receive subsidies for the losses. Definitely,… Read Article →
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