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saltflat96

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saltflat96

Re: None

Sunday, 04/14/2013 11:39:03 AM

Sunday, April 14, 2013 11:39:03 AM

Post# of 17760
attempting to get my arms around the zandi situation.

in a nutshell, zandi is a compromise on both sides of the aisle.

he will write down principle balances on underwater home loans on one side, then he will pay for those write downs by being more aggressive on the bank lawsuits forcing them to pay up.

bank lawsuit money cancels out loan write downs.

or am i off base?
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