Special Deal for Banks that Buy the Assets of Other Banks
For as long as we've been defending homeowners against foreclosure, the big mystery has been:
"WHY DON'T BANKS DO BUSINESS LIKE BUSINESS?"
In other words, why are banks so very anxious to foreclosue against homeowners, when they seem to be losing more money by doing so than if they gave the owners modifications. It just doesn't make sense. This article, which is over a year old, explains one of the sources of "secret profits" in foreclosure, which is part of why the banks act the way they do.
Although the guys in the video seem a little "exciteable," what they're saying is true. We've heard bank lawyers admit as much in meetings.
The Attorneys' Title Insurance Fund
awarded it's prestigious
President's Circle Award
to Anderson & Brodersen. P.A.!
