CAR – I agree. There are people out there willing to buy for a reasonable price and the best way would be an auction. But auctions such as REDC are not working.
Again, it’s probably most efficient for the banks to sell bulk. But I wish it would be recorded or rather, more easily available, as that sale should undoubtedly be the new comp.
This should not be secret activity. But regulators are all in need of new eyeglasses and there’s all kinds of things going on that people don’t know about. It’s like peeling an onion and it’s really a rotten, stinky onion.
