So the negative equity is significantly more than all the crap fees the bank can collect foreclosing

So the negative equity is significantly more than all the crap fees the bank can collect foreclosing I know of one foreclosure on a house with a circa $10K mortgage on a street that has housed very wealthy and powerful people, including a few I am sure everyone posting here would know about. But while the prices might fall there because of the foreclosure, I am guessing it would be a fraction of that caused by a foreclosure in the neighborhood described in the post. And I believe the banks have a pretty good algo for seeing those differences. Were jumbo loans securitized more or …

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