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surfer44

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Re: hippityhop post# 2793

Tuesday, 10/11/2022 4:43:03 PM

Tuesday, October 11, 2022 4:43:03 PM

Post# of 4584
I agree with that. The policy was set by congress (and maybe with some Presidential encouragement). And then Wall Street came along with the idea to mix AAA mortgages with D mortgages to create B+ mortgages. In other words, WS created bundled dogchit. As seen in the movie "The Big Short".
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