To: palmer
meet the religious dictates of Islam for Muslim borrowers who are prohibited from paying interest What investors do they think are going to purchase these mortgages?
6 posted on
08/01/2002 1:41:47 PM PDT by
steveo
To: steveo
Most funds will buy the mortgages in the form of Freddie Mac corporate debt.
8 posted on
08/01/2002 1:49:36 PM PDT by
palmer
To: steveo
"What investors do they think are going to purchase these mortgages?"
The Saudis.
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