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It's true that a lot of those subprime loans were legal - however, they were moved off the originators books in a fraudulent manner. If no one would have bought
by infinite8s 10y ago
It's true that a lot of those subprime loans were legal - however, they were moved off the originators books in a fraudulent manner. If no one would have bought the loans from the originator then they most likely would have never offered them to people with little means to repay.