2 ms·
> During those first two years the loan performed beautifully: the borrower paid, the servicer collected, and the bond paid its coupon. Nothing looked wrong bec
by jere 1mo ago
> During those first two years the loan performed beautifully: the borrower paid, the servicer collected, and the bond paid its coupon. Nothing looked wrong because the whole complex - housing, mortgages, securitization - was sitting inside the teaser period... Every ARM reset was known, dated, and contractually inevitable from the moment of origination.
This is clearly slop. Heavy use of dashes. Rules of three throughout. Pangram says 100% of what I checked was AI.