Understanding current bank and bad loan crisis? - bad loan
Okay, to the federal government measures to help banks with bad debts on mortgages, in order to avoid problems with the bank. If the loan has gone wrong and the bank seized the house, then the bank receives the asset. Why did the bank needs the money the federal government? If the bank receives the assets and money? I know this is a simplification, but any help is welcome.
Thank you.
Tuesday, January 19, 2010
Bad Loan Understanding Current Bank And Bad Loan Crisis?
5 comments:
Well, how would you feel if you went to the bank to withdraw money and the bank is not?
While there are many people that to the bank (about half the population guilty!) But if the bank has no actual cash to give, then it should also bring about a crisis.
What happens if the bank also in the insurance business and solve a Thyphoon and flattened 3000 homes? The bank needs money ADVANCE hard money to afford all the damage.
Now there is no damage to houses gone? Let me think ...
President George W. Bush, "I said once before. They have consultants to help you. I like the new code-named Tho. :)
Remember, if a bank repo home $ 400,000, but only worth $ 200,000, the bank lost $ 200,000 in the transaction. Now take the amount and the deadlines for more than 10,000 homes Repo'd. There is more money than they spent the war in Iraq.
So, Mr. President, you understand why you need the American people and banks to save? Note that if all the money can not now afford to buy gas later.
As you are well, I knew it would be white.
The bank does not want the houses went into foreclosure. Most of the time, has the property for the bank. The bank does not want the effort to sell the property to either. Think about how many people leave a house to shelter them that the bank told them to leave and can. People are not a home when they learned that it is made of them.
The bank does not want the houses went into foreclosure. Most of the time, has the property for the bank. The bank does not want the effort to sell the property to either. Think about how many people leave a house to shelter them that the bank told them to leave and can. People are not a home when they learned that it is made of them.
The bank does not want the houses went into foreclosure. Most of the time, has the property for the bank. The bank does not want the effort to sell the property to either. Think about how many people leave a house to shelter them that the bank told them to leave and can. People are not a home when they learned that it is made of them.
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