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I guess those loans are rather quickly sold on to third parties, either as bundles or stand alone. Kind of like what happened to MBS, mortgage backed securities
by hef19898 3y ago
I guess those loans are rather quickly sold on to third parties, either as bundles or stand alone. Kind of like what happened to MBS, mortgage backed securities.
- ajsnigrutin 3y agoAlso, a lot of the time, the government will bail them out, and they can continue doing that.