Posted by 4closureFraud on January 30, 2010 · 6 Comments
Questions??? Is asset backed securitization the transformation of a single note into multiple pieces? Do these pieces act like a waterfall of cash flow? Are they then distributed as investments, structured finances, accruals, accretions and cash flows set forth into many classes of offerings? If you take a dollar bill and slice it up and … Read more
Filed under bankruptcy, cdo, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, asset backed securitization, assignment, bank fraud, cdo, cds, conspiracy, criminal, Fannie Mae, foreclosure, Foreclosure Fraud, fraud, freddie mac, livinglies, MERS, mortgage electronic registration system, produce the note, securities fraud, securitized, wall street fraud
