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In response to
"i don't understand why it's not just as acceptable for the bank to get the property as it is for them to get the mortgage payments. If the two are not"
by
mara
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Banks want to have their cake and eat it, too. Clearly the two are not comparable since the crash.
Posted by
Mop (222 lbs) (aka rburriel)
Jun 23 '10, 15:09
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They made the loan on the assumption that if it ever fell into their hands, they'd have something worth more than dirt. No that it's actually worth less than dirt, they'd rather just have the money, thank you. The property? No, no. That's not the bank's problem.
Mop
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