The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: koan who wrote (278523)	9/25/2010 12:44:17 AM
From: Broken_Clock	Read Replies (1) of 306849

koan some of that depends on where the paper came from. If bank A is now the lien holder on the lien originally made by bank B which went under when the FDIC rolled into town, then it's possible that bank A is playing with house money. No incentive to short sale.FDIC is guaranteeing 85-90% of the original loan amount to bank A in exchange for the bank helping the FDIC unload toxic crap.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next