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What bank did not give subprime loans?

Mindee Nelson

in Student Loans

1 answer

1 answer

Caroline Campbell on November 9, 2018

To my knowledge, there were few who did not. However, the only one that I know and can name is BB&T. On a side note, several banks bought out banks and mortgage originators who made this type of loan and absorbed their toxic mortgage-backed securities on their books that the GSE's had not already picked up (Bank of America), which was equally as bad. I hope this helps.

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