History http://xnxxpornhub.in.net/ xnxx app In popular lore, the misuse of exotic instruments like collateralized debt obligations and mortgage backed securities were to blame for the financial crisis. Not so: the fuse that lit the bomb was the concentration and perversion of a single underlying asset: the single-family mortgage. Gone was the reliable and steady fixed rate loan, soundly underwritten and conservatively priced. In its place were loans that had outlandish terms and were poorly underwritten, if at all.