Detailed text transcripts for TV channel - CNN - 20170119:17:35:00
It which was a high coupon was packaged together into securities and sold around the world. is that not correct? >> that's true. they had all different types of acronyms. load docs, subprime. they just should have been called bad loans. that's what they were. >> and your indymac as i remember and i recall tried everything it could to recalibrate those loans, restructure those loans and renegotiate those loans to keep as many as possible from not going into foreclosure. >> that's true. not only for the loans we owned but loans we serviced for fannie mae and freddie mac. matter of fact, the one ...
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