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indepth05

07/21/13 2:05 PM

#27837 RE: IronMan123 #27824

IronMan,

During Ole days, Lehman Securitizing Loans In Separate Trust
“Shelves”: SARM, SASC, SAIL, LXS and LMT...

Lehman used the “Lehman XS Trust” (“LXS”) shelf for the securitization of Alt-A, Alt-B and negative amortization loans.

Very ineresting read:
http://www.lehmanmbssettlement.com/Portals/0/Documents/LBMBS%20-%20Amended%20Complaint.pdf