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re: Can banks lease REOs?
Posted on 12/20/11 at 10:57 am to geauxtigers12
Posted on 12/20/11 at 10:57 am to geauxtigers12
What do you think banks have in the way of liability exposure for the properties in their REO portfolios? They have to insure themselves against claims for all of the properties, and it isn't cheap. Do you think they want to operate in a manner that increases their exposure? And leasing would increase the exposure due to increased human activities in and around the properties.
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