G'day Colannnade
With no fix, people will be evicted and dodgy home lenders will take a hit on the asset writedown/revaluation.
Why not a fix where the dodgy homelender takes a hit by writing down the value of the loan to perhaps 75% of the hit suffered by eviction but the owner retains the home and reduced payments?
The dodgy homelender should'nt be saved at the permanent suffering of the homeownwer imo.
Cheers
Poyndexter
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