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REO and subtracting this sale price from the note face value creates an absolute loss and has been paid by FDIC or some another government or CDS insurance loss subsidy. It’s an interesting fact that the payday for running a Administration always was actually in administrations aftermath failure to US citizens. Lets people keep their homes and pay more affordable mortgages and stops inventory massive flow or REO onto market. Fact, that’s how our partner Principal Reduction Consultants, LLC negotiates reductions for you. Recasting ‘sub prime’ predatorial notes at 90percent NPV in addition helps the… Read Article →