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

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To: Ramsey Su who wrote (68833)8/25/2006 1:10:34 PM
From: ild  Read Replies (1) of 110194
 
Thanx for the reply.

<<<For loans that have been securitized, the lender supposedly have to repurchase for the life of the security if any loan defaults. >>>

Do I understand it correctly that generally MBS holder doesn't care about defaults unless the originator goes BK?

Plus even if there is some risk associated with MBS holder then the cost of protection is minimal:
Message 22750416
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