Mish's Global Economic Trend Analysis: Expect Another "Bad Bank.
MishTalk
JULY 14, 2013
You Walk Away Blog. The bad bank has 400,000 real estate assets but tens-of-thousands of the properties have no address. Its difficult to value a home when you dont know where it is. Investigators have discovered cases where as many as 150 loans have the same property as collateral. Global Economic.
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