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Why cant mortgage backed securities be split into their component mortgages to determine proper value?
Posted by James on December 26, 2008 in Home Loans | ∞
Larry K If they could be split, good vs bad mortgages could be repackaged into good/bad MBS’s and sold with high and low prices, respectively. I’m sure this occurred to someone already, why isn’t it being talked about?Powered by Yahoo Answers