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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: saveslivesbyday who wrote (123661)5/17/2008 1:14:16 PM
From: Peter VRead Replies (1) of 306849
 
"Due to the language embedded in many CDO deals, bondholders can return the securities to the so-called depositor or bank at 100 percent of their original investment if they can prove that there was fraud involved in originating the mortgage."

Another bank panic coming? If I were a bank, I'd be panicked at this possibility.
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