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A comment on More than half of American retailers didn't pay their rent in April and May. Parent comment

Re:More than half of American retailers didn't pay their ren... by formercoder on Thursday June 04, 2020 @04:45PM (#23421536)
Banks shouldn’t have a ton of this stuff on their balance sheets because of post ‘08 changes. The more likely parties to be damaged are asset managers.
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Re:More than half of American retailers didn't pay their ren... by chrisseaton on Thursday June 04, 2020 @04:50PM (#23421592)
> Banks shouldn’t have a ton of this stuff on their balance sheets

I don't understand what you mean - banks issue millions and millions of mortages.

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Re:More than half of American retailers didn't pay their ren... by AnimalMuppet on Thursday June 04, 2020 @05:19PM (#23421941)
But they don't keep the mortgages. They sell most or all of them.
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Re:More than half of American retailers didn't pay their ren... by formercoder on Thursday June 04, 2020 @06:57PM (#23422961)
Correct, they package them up in CDOs and sell them off.
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