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Mortgages Were Viewed as Option Contracts by Speculators

September 10th, 2006

By Roberto Garabell

The options market is a speculator’s paradise. Buying and selling options contracts requires a knowledge of how they work and what gives them value. During the Great Housing Bubble, residential mortgages took on the characteristics of options contracts. This was not by design. The practice….

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This entry was posted on Sunday, September 10th, 2006 at 9:28 pm and is filed under Appraisers, Real Estate, Real Estate Help, What is an Appraisal. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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