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These same bankers could’ve chosen another route. Accidentally banks got caught up in their own executives/controlling shareholders hyper greed. Foreclosure was probably an absolute loss since none of these homes usually were worth as much as homeowner owes. They have used their amazing Washington DC lobby over the last 3 decades to get to the place where Chairmen of Investment Banking businesses now run Treasury and the governmental Reserve. Recasting ‘sub prime’ predatorial notes at 90percentage NPV likewise enables the banks to get subsidies for losses. So it’s how our partner Principal Reduction Consultants, LLC… Read Article →