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surfer44

10/11/22 4:43 PM

#2797 RE: hippityhop #2793

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".