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04-30-2014, 04:59 PM #5
Reputation points: 12452
- Join Date
- Jun 2013
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This is great for the industry. Despite what everyone speculates about ODC's financial performance, being able to successfully securitize their book is another step in the right direction for them. THey may or may not be profitable, but this will help take a huge expense off of their P&L for the next billion they fund.
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