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EPA Head Flips, Flops

353
Randall Gross5/12/2009 4:42:44 pm PDT

re: #349 albusteve

of course they don’t want to foreclose…the issue here is that they are going to and to rake in as much cash as they can before that happens, if it does

No, they aren’t going to foreclose if they can avoid it. Their business model is based on getting the loans they are holding paid off one way or the other, not written off.