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To: litehaus

We are talking about 6 trillion dollars here. Not billions!
These or a lot of the mortgages were secondary market loans!
It is the leading market-maker in the U.S. secondary mortgage market, which helps to replenish the supply money for mortgages and enables money to be available for housing purchases.


72 posted on 09/07/2008 3:29:59 PM PDT by tallyhoe
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To: tallyhoe
"We are talking about 6 trillion dollars here. Not billions!"

.

You are oh So right,,,,,I just can't get used to TRILLIONS !

92 posted on 09/07/2008 4:11:15 PM PDT by litehaus (A memory tooooo long)
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