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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ridingycurve who wrote (68896)8/27/2006 1:46:29 PM
From: ild  Read Replies (1) | Respond to of 110194
 
<<<Fraud is a different matter altogether.>>>

Who is the authority to make a decision of what was/wasn't fraud?

<<<I read back through the thread and could not find the source of your reference to whole loans vs. securitizations.>>>

It started with this question.
Message 22751579



To: ridingycurve who wrote (68896)8/27/2006 4:03:34 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 110194
 
reoprof.blogspot.com
HRB provided some color on current condition
don't forget for whole loan sales, the lender is on the hook for a number of payments before the risk kicks over to the loan buyers. For securitizations, the lender is on the hook for ever.