Probably a stupid question, but what would happen if you gave mortgagees an opti... | Hacker News

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tjmc on Sept 23, 2008 | parent | context | favorite | on: 700 Billion bailout? Ebay it

Probably a stupid question, but what would happen if you gave mortgagees an option to buy back their own loans at some level of discount?

eru on Sept 23, 2008 [–]

Depends on the terms - and on who should decide about the discount.

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