The weak demand in the owner-occupied housing market and the relatively high demand in the rental housing market suggest that transitioning some REO properties to rental housing might benefit both markets. Such conversions might also be in the best interests of lienholders and guarantors if recoveries from renting out properties exceed those from outright sales.
Technology now offers banks, cutting-edge 3/4  BIS central bankers' speeches  technologies to monitor and analyse transactions and reinforce their AML/CFT defenses. ***** As I draw to a close, I want to emphasize that we must all act with courage to do the right thing, and not just survive but thrive.