... tale: The buyers had only a small equity stake in the deal, and the lenders had little risk. After mortgage money was raised for the purchase, the mortgages were bundled and sold off. "With no stake in the mortgage, the banks had little financial ...
http://www.bloomberg.com/news/2013-04-18/horror-in-paradise-as-tishman-blackrock-bungle-deal.html
http://www.bloomberg.com/news/2013-04-18/horror-in-paradise-as-tishman-blackrock-bungle-deal.html
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