Make the banks market to market on the delinquent loans.
Force them to foreclose or forgive the loan when it’s 180 days past due.
Problem solved as we liquidate all the pretenders, including several big bank.[/quote]
Believe it or not, even though banks are reporting profits I suspect they are not all that well off. Most all of them are rated BBB on their preferred stock offerings. That should tell you something.
