giant heap of meh
that OWNS
--cmg Thu Feb 28 15:17:43 2008
I got to learn about the mortgage stuff while temping at Fannie Mae and experienced the inconvenience of all the refinancing by homeowners and by the companies themselves while working for my parents. In theory when done with good risk management, actually pretty cool idea to help keep interest rates down and such. When the risk management goes out the window, though, we have what we have.
--The_Lex Fri Feb 29 10:54:53 2008

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