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And yet, to be first, to originate, to be original is key to the quality of a work of literature.
Next, we should resist calls to scrap the "originate to distribute" model, wherein banks originate mortgages, which are then packaged into mortgage pools and turned into mortgage-backed securities that are sold to investors around the world.
While in the US the business model during that period was "originate to distribute", in Spain the model was "originate to hold".
This has environmental implications, as raw materials originate to an increasing extent from developing and emerging economies, which often have lower levels of environmental standards compared to industrialized countries (for example, Hilson 2012).
Forests predominate mainly in higher slope areas (mostly in white in Figure 6), which originate, to a great extent, in protected areas such as the State Park "Três Picos", the National Park "Serra dos Órgãos" and the State Ecological Station "Paraíso".
In fact, many resell most of the loans they originate to other investors.
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"The originate-to-distribute model needs the originator to retain involvement in collection, and to keep part of the risk," says Alessandro Profumo, the chief executive of UniCredit, an Italian bank.
There were no "originate-to-distribute" strategies in the mortgage markets, so the loans were not bundled into securities to be sold to foolish investors.
"Others just asked for the price".If securitisation contributed to the boom and bust, does that spell the end of the originate-to-distribute (OTD) model of banking?
But a more sober version of the originate-to-distribute model will emerge.The failures highlighted by this crisis run deeper than the weaknesses of securitisation, however.
This may not seem very different from the "originate-to-distribute" securitisation models that flourished in America and parts of Europe in recent years.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com