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Thread: The U.S. Housing Crisis: Where are home loans underwater?
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Old 09-01-2013, 07:33 PM
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perrjojo perrjojo is offline
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[QUOTE=gomoho;737519]Have to disagree - the government was providing incentives for the banks to make loans.[/QUOTE

I'm with you. In fact the government DEMANDED that these loans be made. Sorry bankers and mortgage companies hate foreclosures. No one makes money on a foreclosure unless it's a "flipper".