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Imtiaz Uddin

Parkbridge Capital and Successful Real Estate Investing - 0 views

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    Today's oft-repeated economic narrative is that, with encouragement from Wall Street investment bankers, lenders started playing fast and loose with credit risk and mortgages, enabling an unprecedented number of Americans to buy homes at prices beyond their means. Lenders packaged and sold these subprime mortgages, allowing banks to minimize the risk and resulting in individual and institutional investors gobbling up inadequately underwritten and rated mortgage-backed securities.
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