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To: Gordon Greene
The contracts and the loans are or were - highly traded.

It's like musical chairs when things start to topple.

Whoever is left holding the bag unwinds the deal and eventually, it gets back to the car buyer(s).

67 posted on 02/02/2009 7:26:29 PM PST by elkfersupper (Member of the Original Defiant Class)
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To: elkfersupper

Gotcha... so it’s like home loans. I know I’ve never gotten a mortgage that stayed with the original lender very long.


69 posted on 02/02/2009 7:53:32 PM PST by Gordon Greene (www.fracturedrepublic.com - Welcome to the brave new world...)
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