Doesn't matter Frag they wouldn't have refused giving the mortgage anyway.Originally Posted by Fragony
The banks believed they had found a way to mitigate the risk by selling on these subprime mortgages on the open market.
Re: The continuing battle against the inevitable Euro area default
Doesn't matter Frag they wouldn't have refused giving the mortgage anyway.Well you heard wrong, people tend to forget that banks weren't allowed to refuse risky mortages in problematic area's according to the community reinvestment act.
The banks believed they had found a way to mitigate the risk by selling on these subprime mortgages on the open market.
Last edited by gaelic cowboy; 05-26-2012 at 15:15.
They slew him with poison afaid to meet him with the steel
a gallant son of eireann was Owen Roe o'Neill.
Internet is a bad place for info Gaelic Cowboy
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