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Missed Mortgage Payments Triggered Widespread Subprime ProblemsThis is a discussion on Missed Mortgage Payments Triggered Widespread Subprime Problems within the Mortgage Problems and Solutions forums, part of the Mortgage and Loans Forum category; Zimmer saw the mounting problems as head of the department that worked with Wall Street to package mortgage loans into ... |
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Zimmer saw the mounting problems as head of the department that worked with Wall Street to package mortgage loans into securities to be sold to investors. Such securities had fueled the housing boom by pumping trillions of dollars into ...
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