I think not. This is a business loss and comes off the profits of the owners of the company that does this business.
Another popular misconception. Businesses do not pay for losses, judgements, higher wages, or increased taxes. We do. Costs are always passed on to the consumer. Businesses will make their profit.
Who gives a darn with crooks. That is exactly what these lending institutions were involved in. Real Estate lending is one of the biggest shams in American history.
“I think not. This is a business loss and comes off the profits of the owners of the company that does this business.”
Not sure I agree with that. Those businesses sure won’t stay in business absorbing losses from people who won’t pay their bills.