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> But the bank… was different. No one could give an overview of the wholesale mortgage management system. As a side note: The fact that few folks understood t
by jpdoctor 14y ago
> But the bank… was different. No one could give an overview of the wholesale mortgage management system.
As a side note: The fact that few folks understood the global mortgage ecosystem lead directly to the housing bubble. For the bankers, it was not a bug but a feature.