That’s evidenced by fact that guys from the Clinton Bush administrations have probably been helped to purchase failed banks with ok money guaranteed to create massive returns by the US Government. REO and subtracting this sale price from the note face value creates an absolute loss and probably was paid by the FDIC or some government or CDS insurance loss subsidy. These same bankers could’ve chosen another route. You see, foreclosure is an absolute loss since none of these homes are probably worth as much as homeowner owes. So that’s how our partner Principal Reduction… Read Article →
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Wayne Silverman holds a BS degree in marketing, and has been currently finishing his Masters Degree in Accounting while studying for the CPA test. Please email me with any questions you By the way I love to hear from readers and reply regarding any questions you may have! While writing mainly about individual finance, how ‘macroeconomics’ affects fundamental street economics and sharing analysis on different economical and national topics, with occasional foray into a weakness for good wine. We must all see by now merely how vital and useful cash advance loan lenders are. They… Read Article →