Mortgage Bankers License For Sale Why Did The Investment Bankers Think It Was Profitable Idea To Securitize Bundle Bad Mortgage Loans?

Why did the investment bankers think it was profitable idea to securitize bundle bad mortgage loans? - mortgage bankers license for sale

First, I do not understand why banks lend money to someone with bad credit or not afford to pay. Secondly, I can not understand why investment firms like Bear Stearns would buy loans from banks. Securitize and sell them as bonds. What are learning in this prestigious business schools? How to license a delinquent? The rating agencies do not seem to be paid for the provision of adequate credit ratings. The country is falling apart because people do not have the discipline not to live within its means. Greed is out of control.