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REO and subtracting this sale price from the note face value creates an absolute loss and probably was paid by the FDIC or some other government or CDS insurance loss subsidy. Accidentally the banks got caught up in their own executives/controlling shareholders hyper greed. Besides, the payday for running a Administration has usually been truly in the administrations aftermath failure to the US citizens. Needless to say, it’s how our partner Principal Reduction Consultants, LLC negotiates reductions for you. Recasting sub prime predatorial notes at 90percentage NPV helps the banks to get subsidies for the… Read Article →