Like I said, the loans never made into the “pools”

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Banks Fighting Subpoenas From FHFA Over Access to Loan Files

WHAT IF THE LOANS WERE NOT ACTUALLY SECURITIZED? In a nutshell this is it. The Banks are fighting the subpoenas because if there is actually an audit of the “content” of the pools, they are screwed across the board. My analysis of dozens of pools has led me to several counter-intuitive but unavoidable factual conclusions. [...]

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