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	<title>Comments on: FDIC Chairman Wants Lenders to Fix These Loans</title>
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	<link>http://loanworkout.org/2007/10/fdic-chairman-wants-lenders-to-fix-these-loans/</link>
	<description>Loan Modification &#38; Home Loan News</description>
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		<link>http://loanworkout.org/2007/10/fdic-chairman-wants-lenders-to-fix-these-loans/#comment-881</link>
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		<pubDate>Mon, 19 Nov 2007 13:52:59 +0000</pubDate>
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		<link>http://loanworkout.org/2007/10/fdic-chairman-wants-lenders-to-fix-these-loans/#comment-880</link>
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		<pubDate>Sun, 18 Nov 2007 21:52:12 +0000</pubDate>
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		<pubDate>Sat, 17 Nov 2007 22:35:19 +0000</pubDate>
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		<link>http://loanworkout.org/2007/10/fdic-chairman-wants-lenders-to-fix-these-loans/#comment-878</link>
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		<pubDate>Sat, 17 Nov 2007 06:51:32 +0000</pubDate>
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		<link>http://loanworkout.org/2007/10/fdic-chairman-wants-lenders-to-fix-these-loans/#comment-877</link>
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		<pubDate>Sat, 10 Nov 2007 13:35:20 +0000</pubDate>
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		<pubDate>Sat, 10 Nov 2007 13:34:18 +0000</pubDate>
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		<link>http://loanworkout.org/2007/10/fdic-chairman-wants-lenders-to-fix-these-loans/#comment-875</link>
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		<pubDate>Thu, 08 Nov 2007 17:38:33 +0000</pubDate>
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		<pubDate>Mon, 29 Oct 2007 01:54:45 +0000</pubDate>
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		<link>http://loanworkout.org/2007/10/fdic-chairman-wants-lenders-to-fix-these-loans/#comment-873</link>
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		<pubDate>Wed, 24 Oct 2007 14:22:04 +0000</pubDate>
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		<title>By: Moe</title>
		<link>http://loanworkout.org/2007/10/fdic-chairman-wants-lenders-to-fix-these-loans/#comment-872</link>
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		<pubDate>Thu, 11 Oct 2007 02:56:38 +0000</pubDate>
		<guid isPermaLink="false">http://loanworkout.org/2007/10/05/fdic-chairman-wants-lenders-to-fix-these-loans/#comment-872</guid>
		<description>Why can&#039;t you buy it? Most every loan that was originated by a lender was then sold to &quot;investors&quot;. The key here is &quot;SOLD&quot; When you sell, as you know, you no longer own that thing you sold. So most of these loans are now owned by &quot;investors&quot;. Are you following me here?&lt;BR&gt;&lt;BR&gt;So lenders are losing yes, but it&#039;s really investors are the ones losing big time. So why wouldn&#039;t they want to work with people? Because these loans are insured sir. They get full face value if the borrower defaults. So why would an investor take less by working with a borrower when they can get their FULL investment by letting you foreclose and getting all their money.&lt;BR&gt;&lt;BR&gt;What you said pretty much sums it up, &lt;EM&gt;&quot; Lenders may say or people may think, these companies are in business to make money and keep their shareholders happy, not keep borrowers in their home. &quot;&lt;BR&gt;&lt;BR&gt;&lt;/EM&gt;They are in the business of making shareholder happy and shareholder want ALL their money, which they will get in the insurance policy.</description>
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<p>So lenders are losing yes, but it&#8217;s really investors are the ones losing big time. So why wouldn&#8217;t they want to work with people? Because these loans are insured sir. They get full face value if the borrower defaults. So why would an investor take less by working with a borrower when they can get their FULL investment by letting you foreclose and getting all their money.</p>
<p>What you said pretty much sums it up, <em>&#8221; Lenders may say or people may think, these companies are in business to make money and keep their shareholders happy, not keep borrowers in their home. &#8220;</p>
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