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Tag: CDS


2010.04.27 21:58:01

What's a subprime mortgage originator ?
A person or company that pushes people between the 5th and the 29th percentile to take on debt that they cannot repay
What's a subprime mortgage broker?
A company that buys the subprime mortgages from the originator and sells it to an investment bank
What's a subprime......

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   subprime | CDO | CDS | insurance
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