The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Ramsey Su who wrote (68792)	8/25/2006 11:15:03 AM
From: ild	Read Replies (1) of 110194

Ramsey, Russ, CR, others, I'm still not clear on a very important issue: how much risk is retained by a mortgage originator on mortgages it has sold. Some sources say 100% of risk is offloaded, but today's H&R announcement shows that this is not true. Probably each sale has its own conditions, but I'd like to know what the common rules are.

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