Quote:
Originally Posted by BlackCrayon
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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tommy voo 101
sell houses to people that cant afford them , grab the down payment and equity and run.
rinse , repeat.