Early Retirement & Financial Independence Community - View Single Post - Do you want to pay for the Sub-Prime freeze?

audreyh1 · 12-06-2007, 04:21 PM

I think the secondary mortgage market will never be the same again anyway simply because there won't be the same extent of subprime mortgages again, and CDOs, etc. will never be rated the same way again.

This is not necessarily a bad thing.

Audrey

12-06-2007, 04:21 PM	#142
audreyh1 Thinks s/he gets paid by the post Join Date: Jan 2006 Posts: 3,113	I think the secondary mortgage market will never be the same again anyway simply because there won't be the same extent of subprime mortgages again, and CDOs, etc. will never be rated the same way again. This is not necessarily a bad thing. Audrey