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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by shane117on Feb 15, 2013 6:56pm
140 Views
Post# 20998514

RE: RE: RE: RE: RE: Bring on Summer 22

RE: RE: RE: RE: RE: Bring on Summer 22

It's just like the banks. They lend money to real estate investors at an interest rate and they take the house as collateral. If you can't make the payments then they takefull  ownership of the house and make it a short sale. The banks don't want to own the house. The just want their principal plus interest back.

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