We’ve had fairly sound and well-managed banks for 100 years or more – recall that the closest to a bank failure in the immediate post-liberalisation period were two government-owned entities- but the Governor
agents were instructed to push paper, the managers to switch agents around and to request a ton of documents, which created delays that eventually brought me to a point where my escrow had become so huge that there was no longer an avenue. volume of foreclosures is slowing down these ...