[eddie willers]

And they will get away with it.

Until all the defaults start to come in.

Stupid...if nothing else.

[Pearls Before Swine]

"And they will get away with it.

Until all the defaults start to come in."


And probably afterwards. The loans get securitized and resold.

[B4Ranch]

See #85.

The banks transfer all of the risk to you and me when they sell the loan to FANNIE MAE. We are the ones who will pay if the FANNIE MAE pyramid ever collapses.