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Bruce Korb 🇺🇦 ✍️⧖ 💉🥄😷
b-korb.bsky.social
did:plc:gguqelaq7qujftdaabbwraa7
True, but for the fact that the foreclosure fees are highly profitable. If the equity is insufficient to cover those fees, then the bank made a mistake (or the market fell too much).
SO: if there is a reduced return on foreclosed mortgages, it wouldn't be very significant.
Anyway, thank you 4 info
2025-08-31T15:44:11.610Z