Song: Collateralized Mortgage Obligation

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3 Responses

  1. Does the population of well credited buyers limit the A paper mortgages or is there some other arbitrary limit?

    • Yes the population of well credited buyers does limit the A paper mortgages, but the definition can still be arbitrary. A paper is sometimes hard to define, although banks do have data that says which is which.

      • I see, thanks for clearing that up!

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