New bank scandals...crisis within a crisis...how will it end?
As a seasoned Realtor and real estate investor (left holding the bag) from 'boom times' I see it and work it from all ends. It is extremely sad that banks are hindering the process and saddllng home owners and former homeowners with continued debt for 'phantom income'. Good peoples' lives have been ruined and at minimum 'consumed' with their property related problems. The bank senior management got their huge bonuses. The government bailed out the banks at our expense.
And now another big blow to our American way of life... to get confirmation that the banks were even more deceptive than we suspected. When and how will it end???!!! We wonder...with hope.