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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: David Jones who wrote (12202)8/10/2003 7:33:00 PM
From: Elroy JetsonRead Replies (2) of 306849
 
He's not factoring in the effects of 'easy come, easy go'.

I think he factors it like this, "not my problem."

Countrywide collects the origination fees and servicing fees while Fannie Mae / Freddie Mac / taxpayers collect the resulting loan losses.
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