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Why banks have an incentive to foreclose

By
Real Estate Broker/Owner with EXIT Realty Lowcountry Group 107253

From The Guys at www.ThinkBigWorkSmall.com;

The FDIC posted a press release stating that their video was full of falsehoods. They focused on irrelevant semantics but never questioned their math or the fact that such a scenario was plausible. This video has been modified to address the points made by the FDIC while still driving the point of the original video home. Here is the link to the video;

http://www.thinkbigworksmall.com/mypage/player/tbws/23622/1015014

Leslie Ebersole
Swanepoel T3 Group - Saint Charles, IL
I help brokers build businesses they love.

Sometimes it is not "the bank". If the note is owned by an investor who has insurance on the note, why sell below a certain price?

Feb 16, 2010 07:37 AM