Quote:
Originally Posted by Pio1980
You really think the folks who wrote these contracts did so in terse plain language and explained them in detail so that they were clearly understood? And that the contracts would be resold, sometimes more than once, bundled into "traunches" and sold as "investments" to the unsuspecting marks for the sellers to make a killing off the insider loopholes?
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What difference does that make. I still have a mortgage and it has been sold to somebody I never heard of. I just pay them.