OfflineThere is a proposed settlement with the major banks to get the mortgage mess behind them. It is worth a purported $25 Billion and is doled out to about 2,850,000 people. Because of the mess that the mortgage industry is in due to MERS, I think this may be the best they can do. However, it is patently unfair to the other 4,000,000 people in the pipeline.
Read the whole story here:
http://www.cnbc.com/id/46284177
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Always Looking to Acquire Houses | Always Looking to Amaze Investors
the little man always gets eaten unless he plays the game. It makes for a dog eat dog world. Sad
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if you owe the bank $100,000 and default, you have a problem;
if you owe the bank $100,000,000 and default, the bank has a problem.
If nothing else, everybody's goal should be to get "to big to fail".
Always Looking to Acquire Houses | Always Looking to Amaze Investors
about things you cannot control
Just get your money and make the most of the opportunities you have