Who are the sellers of U.S. loans and why do they participate in this activity? a. What

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Who are the sellers of U.S. loans and why do they participate in this activity?

a. What is the purpose of a bad bank?

b. What are the reasons why loan sales through a bad bank will be value enhancing?

c. What impact has the 1996 Federal Debt Collection Improvements Act had on the loan sale market?

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