My guess on the foreclosures going back to the plaintiffs is they either need to keep the value of the original loan on the books to avoid total collapse of their books on the write downs, or they are selling these properties off to Fannie and Freddie and getting more back door bailouts on this toxic trash.
My guess on the foreclosures going back to the plaintiffs is they either need to keep the value of the original loan on the books to avoid total collapse of their books on the write downs, or they are selling these properties off to Fannie and Freddie and getting more back door bailouts on this toxic trash.
i suspect you are correct….a dangerous delusion….