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Donotunderstand

10/29/18 12:24 PM

#544585 RE: hotmeat #544583

I read what you said this way (my read)

Where mortgages/loans are securitized and then sold - they are on the books (possibly as an obligation more than an asset?)

Where the securitized (sp?) mortgages were not sold - and thus there was no liability to others -- such ASSETS were allowed to be held off the books ?