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Monday, May 01, 2023 1:31:36 AM
Fees v Interest Rates being used in the same sentence as if the same?
Are they ?
I did not see a direct fee to fee or interest rate to interest rate sentence?
And - how fair or reasonable is it to go back to the crash to compare defaults?
Again- As I understand it - F and F suffered in their "holdings of other PLMBS" of the sort noted to default (no PMI - liars income - etc.) and did relatively well in aggregate on the MBS paper it created as it bought the mortgages (and not the paper!!)
Article seemed to have an answer in search of stats --- it just FELT that way to me
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