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Old 03-04-2011, 09:15 AM  
BlackCrayon
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Join Date: Jun 2003
Location: Ottawa
Posts: 19,631
Quote:
Originally Posted by woj View Post
That's all a layman on the street needs to be concerned with, whether the bank sells it for a loss or a huge gain is none of anyone's business...
i wouldn't quite agree. if the banks are making more money when people lose a home then its basically in their best interest to give mortgages to people they know can't afford it. i'm not saying thats the situation but when banks are getting bailed out for their mistakes, what they do is everyones business.
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