We Strive To Bring Economic Parity To Financial Services By Fighting Fraud, Establishing Vehicles To Help Educate And Assist Americans Seeking To Borrow, And Lessen Government Burdens To Fix Problems
by Veronica Ann Williams
This study was inspired by the author's experience with the illegal acts of banks and their allies as described in her article Battling Homewreckers (http //www finfix org/BattlingHomewreckers pdf) A book is planned to present the author's story beyond the academic audience.
Securitization has become a pillar in financing but the true effects and costs of this process have not been exposed and quantified ... until now.
In her insightful analysis of the interplay between mortgage securitization and the lifecycle of real estate backed obligations, Veronica Ann Williams, explains how the diminishment of profitability for lenders and servicers as mortgages age toward maturity invites a host of undesirable consequences, including investor losses, unnecessary refinancing, foreclosures, and ultimately fraud. This article should be read by anyone interested in debt, either as a possible investment or as a matter of public policy. Investors, lenders, borrowers and, maybe most importantly, politicians and regulators should give thought to her ideas.
Emily Diamond Hanlon, Esq, Arbitrator