REO and subtracting this sale price from note face value creates an absolute loss and has been paid by FDIC or some next government or CDS insurance loss subsidy. Accidentally the banks got caught up in their own executives/controlling shareholders hyper greed. OK let me reel in my once again. Finally, that’s how our partner Principal Reduction Consultants, LLC negotiates reductions for you. Recasting subprime predatorial notes at 90percent NPV lets the banks to get subsidies for the losses. Lets people keep their homes and pay more affordable mortgages and stops inventory vast flow or… Read Article →
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