Well I guess we agree to disagree then eh? I am much more confident that our politicians will manage to muddle things up and our country will continue on the path to be the greatest nanny state of all time. After all it is an election year!
“The borrowers have been punished by loss of ownership anyway.”
If you consider that punishment then so be it. I guess they are entitled to not having to lift a finger and continue to rent a home.
So where do you draw the line? If you ask me it is a pretty slippery slope BSR.
“Nothing better than the festering wound of a mountain of REOs on their balance sheets.”
If they price the REO properties properly they will sell. It is all a matter of finding the right price.
