This is about the best visual explanation of the securitization process and the underlying information the Wall Street Banks attempt to hide from everyone.

Securitization Process

 

 

Here is an old 60 Minutes episode that explains the practical concern for homeowners.

Who Owns the Loan? You won’t find out at the County Recorder’s Office.

  • http://foreclosurenation.org 4closurenationeditor

    OK, think quick here, who is the lender that has right to foreclose?

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