RE: TRADER109 .....Lenders are not forced to do anything.....But if you are a wormy,sleezy piece of garbage "MORTGAGE BROKER",and are not aversed to supplying speckled junior loans officers lots and lots of gratis crap for buying that useless slug's paper......
Then your real estate markrt eventually goes bust,which takes with it the illusive equity positions of said slugs.
As usual,it is about the middleman using his employers resources and slugs who should even be leasing,buying real estate that they have no intention of paying for.
Oh yea,it's also about the boomer generation fleecing their neighbors children with over-priced properties.
May the world come to a huge financial crash.....We deserve it.
Oh and if terrorists are all nuked,I'll laugh the hardest.
Have a terrible day,everybody.tg