> More like the companies selling mortgages were desperate to get the loans off their balance sheets so that they could release the capital for new mortgages.

> More like the companies selling mortgages were desperate to get the loans off their balance sheets so that they could release the capital for new mortgages. Selling them to GSEs. You do know what the "G" stands for, right? And speaking of the GSEs, they lied about how many of the loans in their portfolio were subprime. As a result, no one knew that those loans were as common as they were, which threw off everyone's risk calculation.