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Re: UpTickMeA$AP post# 728425

Thursday, 05/23/2024 1:43:35 PM

Thursday, May 23, 2024 1:43:35 PM

Post# of 730758
technically WaMu didn't sell derivatives at all. WaMu sold agency loans to Fannie and Freddie. And WaMu packaged whole loans into securitizations and sold them as Bonds on Wall Street. Neither of those activities would be considered to be dealing in derivatives.
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