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Re: Donotunderstand post# 568265

Saturday, 10/05/2019 10:10:45 AM

Saturday, October 05, 2019 10:10:45 AM

Post# of 792660
"yes
F and F own the loans - but they never LEND that money

F and F are not lenders"


LOL, Big distinction without any difference.

FnF business model is to buy the loans and sell MBS to promote affordable housing loans. Banks originate loans to sell to FnF.