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To: Alberta's Child

Mortgages are packaged and sold everyday. No bank is going to hold an underperforming loan 30 years.


28 posted on 05/05/2023 5:09:43 AM PDT by edhawk
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To: edhawk
And in many cases the mortgages are packaged and sold to other banks. I believe this was one of the underlying problems with Silicon Valley Bank.
31 posted on 05/05/2023 5:12:48 AM PDT by Alberta's Child ("I've just pissed in my pants and nobody can do anything about it." -- Major Fambrough)
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