PERSONAL FINANCE & LIFESTYLE BUSINESS

If you have been following the recent events of the bank foreclosure drama recently; I have something to say about it! Because the real story is not being showed and told. To start by just adding, there are somethings that is called Foreclosures Buyouts and those who cant make it fall to the Involuntary Foreclosures. I believe that the banks are taking the chance in this market recovery time to clean up their balance sheets by taking them off the face-value and putting them on the market to rid them selves of this much questioned process, by timing it right.

There is a lot of money to be made here again for the bank, plus they get rid of toxic assets. Once the banks start to sell imagine the realized interest. If you make up 30% of the loaned interests in a couple or few years, just imagine the type of revenue you can put back into the operating income. That alone will even out all the balances on the books on the double and remove most question marks.

So the recent pullback in the stocks of the banks are an amazing buying opportunities. If used technical analysis and check REIT you will see that the recent events are actually timed. The REIT levels are almost at pre-market crash levels, and the banks are going to take advantage of this bullish market; and get the most bang for their buck. So about all this talks of fraud and flawed foreclosure paperwork; I believe that it is an excuse rather than the real facts created by both government and banks in corporation to make more money together. But banks did not want this I think, just government times this with them in order to get more profit.

Once the banks start to show their plans everything will be OK, and when the traders have a different sense of direction on where the banks are standing; things will look different and better.

NO COMMENTS
Post a comment