Roosting Chickens by Fanny mature

Sun, 05 Oct 2008 21:02:34 -0500

Roosting Chickens

by Fanny mature (fanny-mature) @ Sun, 05 Oct 2008 21:02:34 -0500
Since the sale price of the security is based on the cash flow over the life of the security, 30 years, the bank could bundle thousands of these loans and sell them as “tranches” to large investment banks as well as Fanny Mae and Freddy ...

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