But doesn't it also basically--in other words, the incentive for the issuer to make sure that the borrower is going to be more creditworthy diminishes when you know you are going to be able to sell that debt off. Isn't that also true?
Chris Dodd: “But doesn't it also basically--in other words, the incentive for the issuer to make sure that the borrower is going to…”
Editor's note · Context
Dodd questions the impact of securitization on lender accountability.
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