mikedoan on Nostr: Excellent explanation. I think you mean to say they re-sell the same mortgage and not ...
Excellent explanation. I think you mean to say they re-sell the same mortgage and not house? A single mortgage could wrapped up in different collaterized-debt obligations (CDO). They effectively “securitized” mortgages and sold them off.
Published at
2024-03-17 13:26:06Event JSON
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