Reply To: CAM repossesions direct (email from Kyero)



I have the feeling from my dealings with a few banks that they are really getting desperate, there seems to be really deep concern about the exposure to bad debt. My feeling is that the banks are getting to the point where they cannot afford to try and recover the full outstanding debts, they just need to move some of this stuff.

Of course, it’s just the impression I have from the few banks I have been dealing with. YMMV and all that 🙂