CPA Fred Cederholm on risks of mortgage-backed securities
Story date: 2007-10-08 07:53:00
Added on: 2007-10-08 12:00:20
Axcess News - To say the "marking (down) to market (value)" was a write-down would be a gross misstatement as the current ... properties were worth, everything was honky dori as long as payments were being made timely, interest rates stayed low, the required mortgage ...
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