Accidentally banks got caught up in their own executives/controlling shareholders ‘hyper greed’. So it is evidenced by fact that guys from the Clinton Bush administrations are helped to purchase failed banks with ok money guaranteed to create massive returns by the US Government. REO and subtracting this sale price from note face value creates an absolute loss and probably was paid by the FDIC or some another government or CDS insurance loss subsidy. So it is how our partner Principal Reduction Consultants, LLC negotiates reductions for you. Recasting sub prime predatorial notes at 90percentage NPV… Read Article →
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