Article below submitted From the desk of Brad Keiser: Editor’s note: This is a perfect example of why ignoring the complexities of securitization leaves all the red meat on the table. The commingling of funds that is cited in the article below is exactly what I have I have been talking about , exactly why [...]
Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: affordability, APR, resets, securitized transactions, TILA audit, yield, yield spread, yield spread premium | 10 Comments »
