[RockinRight]

Why would a lender INTEND a borrower to end up in foreclosure? Lenders DO NOT make money reposessing a house! They lose their shirts!

[ex-Texan]

BS . . . I could explain it to you in detail. But you are in the industry. So I will not bother. Congress knows everything that I know.

But I will say it in short hand. Mortgage securities tranches. Multiple sales. Figure it out for yourself.