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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: S. maltophilia who wrote (287809)10/29/2010 9:59:13 PM
From: ValueproRead Replies (4) | Respond to of 306849
 
"Is it not also a crime to sell a loan you made to someone you're fairly sure won't pay it back, representing it as a legitimate security?

No, because the government sets the standards which qualify the paper for resale. You don't think those standards are appropriate? Look to the House Banking Committee.