Inquiring about contract limits for index funds.
07/20/2009
https://www.congress.gov...
Why weren't securitizations halted in 2005, 2006, and 2007 when similar underwriting problems were uncovered?
But by 2005, the problems started erupting again with a surge of early payment defaults.
Shouldn't you have checked to make sure that the fraudulent, tainted mortgages were not part of those securities before you peddled them?
Should not happen. These are securities that happened on your watch.