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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Broken_Clock who wrote (101109)8/20/2009 9:27:20 PM
From: Elroy Jetson  Read Replies (1) of 116555
 
Obviously the banks are hoping differently. They hope these former home owners:

continue to earn good money, and;

continue to remain ignorant regarding foreclosure law.

I don't think either is a good bet. There could even be a costly class action suit against these lenders.
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