 Quote:
Originally Posted by brewer12345
I know the MBS market has gotten killed, and high grade AAA paper backed by prime jumbo mortgages is going for cheap. Anyone know of a way for retail schmoes to buy this stuff?
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When I was a trustee, there was not a single issue that I was responsible for that the bonds did not start at $1 mill for MBS... I did have a few car insurance and other receivables that were $100 thou...
I doubt the retail class can get in them without some fund.
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