Quote:
Originally posted by Mmmm, Burger (C.J.)
Isn't there also a problem with having all of the mortgages securitized, and as a result getting the various interested holders of a piece of the mortgage together to agree to work-out terms is much more difficult than if, say, a single bank owns the loan?
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Were they packaged like that? I thought the pools were made up of individual mortgages at their smallest component level. I didn't think any individual mortgage was sliced up.
