Former subprime lenders stand to profit again

Where is it going to end?
Banks have made loan modifications, which by the way are ILLEGAL, increasingly more difficult to get, regardless what loan mod companies say. Now here is a new wave of "vulture investors" seeking to capitalize on distressed mortgages, but their approach of trying to rework loans itself differentiates them.

Here is what San Francisco Chronicle had to say:

Can folks who made millions peddling subprime loans use that same Midas touch to mint money from the housing market downturn? Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/06/06/BUQN17VPUH.DTL#ixzz0MgSmSwU5