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davelansing commented Sep 8, 2022
So what? NOBODY has to buy these risky securities. If BoA wasn't able to easily offload these risky loans to investors, then they wouldn't be offering them.
BofA Goes to Trial Over ‘Worst of the Worst’ 2008 Subprime Loans

davelansing commented Sep 8, 2022
“It didn’t care about the quality of those mortgage loans because it was passing the risk on to others.” LOL, the "others" didn't do their due diligence in assessing the underlying risk of those low-grade packaged loans... all they "saw" was the ...
BofA Goes to Trial Over ‘Worst of the Worst’ 2008 Subprime Loans


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