Quote:
Originally Posted by woj
What difference does it make how it's structured on the backend? You sign a contract that you will pay $x per month for 30 years... how the rest is structured, who makes money, how, etc is irrelevant, it's not your problem...
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I guess the point is that if the bank cannot prove the debt, it doesn't exist.
Does seem pretty shifty, and certainly not conducive to stimulating the economy...