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dubbya

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dubbya

Re: navycmdr post# 342358

Tuesday, 06/07/2016 9:15:59 AM

Tuesday, June 07, 2016 9:15:59 AM

Post# of 793208
FnF bought the mortgages from the banks and packaged them to sell as bonds. Thats their business model. They should have known the loans were sub-prime when they reviewed them before buying them, but they were pressured to lower their lending standards so middle class could become homeowners.
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