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Donotunderstand

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Re: matmlg post# 530850

Saturday, 06/01/2019 9:33:04 AM

Saturday, June 01, 2019 9:33:04 AM

Post# of 801447
their holdings (mortgages) are also lent out - they are not without obligation - the MBS paper they issue

that is my understanding


F and F take in for example 100B of mortgages and then sell 100B of paper


so where is the clean asset to sell ?


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