I wish it had been explained what’s in it for the bank to do this as far as making money goes because it looks like they wouldn’t get the interest paid by the borrower since it goes to the investor.
What exactly did the Occupy Movement achieve? Was there even a single big Wall Street fat cat banker that was prosecuted and sentenced for the 2008 fiasco?
It may go Stonk but the High Div Yields pay out over time. Any Bank Backed Mortgage is a Good Investment for those who Hold and Reinvest your quarterlies. Personally, I think the Top Dogs are screen sharing dummy portfolios with blue chip index just so you dont catch on to MBS with low buy ins per share, but anyone can see the Volume movement in real time when the market opens.
By the 3 minute mark I’m already pretty suspicious that they made this product to fuck the little guy, hey want a mortgage? Your neighbors will lend it to ya! Don’t worry about us we’re gonna take out insurance so if they don’t pay you back, we the big rich bank will make sure it’s you and your neighbors who lose!
There is no loan from a bank, they just purchase securities, the note and security trustee are concealed by Deeds of Assignment, thats it, plain and simple.
Very well explained ! According to the number of views and the positive comments , people do wait for more videos from you. Regards from Helsinki , Finland.
What you didn't mention was the bank never lent any currency out. They simply created it out of thin air. This has been confirmed by the Bank of England - that currency is created when a 'loan' is advanced. You can never default on a loan from a bank b/c banks don't make loans. It is just a scam.
Clear, concise and interesting. However, there is MUCH about the ‘evil’ side of securitisation that you failed to mention. Be it by choice, or lack of knowledge. Although, you did hit one nail on the head: “... without the borrowers knowledge...” (this occurs) So, how about take a minute to reflect on that... Along with the FACT that ‘banks’ (which, by its correct definition, being somewhere one can DEPOSIT MONEY- which nowadays does NOT happen- thus- deception number 1) DO NOT LOAN MONEY!!! (Please... do your research on this! There are many court cases and other factual evidences to confirm this! One such document is called “Affidavit of Walker Todd”- an ex- Fed reserve lawyer who blew the whistle to confirm there IS NO MONEY! It’s a lie perpetuated by the fake banks to trick the people into continuing to deposit their hard earned ‘money’ (promissory notes) and he states it is just “made out of thin air...” Then, as you stated, the fake banks don’t inform its CLIENTS they are going to DOUBLE DIP and make MASSIVE (digital) PROFITS by securitising their negotiable instruments (signed mortgage) by trickery and deceit... certainly not with lawfully, and legally required FULL DISCLOSURE. All parties are deceived... and the fake banks profit other ways too, also not mentioned here, and neither can I be bothered to write now, but suffice to say the fake banks have numerous other ways to siphon money from the consumers AND investors, that ignorantly/ naively enter their ‘den of deceit’ Please people, PLEASE, do your DEEP research into all this. Don’t be fooled, or deluded into thinking this is anything other than a scam by the banking industry. Here’s a few thoughts: 1. Why DONT ‘banks’ inform its clients they will securitise THE CLIENTS PAPERWORK?? 2. No one has authority to on-sell any property they don’t own. Securitisation is doing exactly this. 3. ‘Who’ then OWNS the debt? May you all see the truth. God speed.
After the 90 days on the 91st day the bank gets the full amount of payment for the house in full from the Insurance Company...Then they sell the loan Bayview, M&T, SPS, to whomever wants to buy it.. then it's in the bubble she talking about
Do you feel corporate bonds will have the same fate as MBS, and if so, would you advise shorting the stock of companies that carry billions of bonds on their balance sheets while at the same time are not making a profit?
