2 Words that should instill fear for home lenders are “non-recourse” and “bankruptcy”. Somehow I don’t think the fees add up to a hill of beans compared to these 2 behemoths. OT- Why would the government expect the TARP money to be paid back now, when lenders are generally in it for the long haul, and why would a lender pay 10% on a government loan while at the same time give me a <5% loan. A lot of short sited people out there.
