Securitization and Bank Foreclosures demystifies and exposes processes and practices in the flow of financing — from securitization until mortgages, or the derivatives that underlie most mortgages, are retired.
The author applied 60 years of financial expertise to study this phenomenon after her home of 40 years was stolen by two of the world's largest banks. Shocked by the extent to which financial and legal fraud was perpetrated with wanton disregard to steal her home, she did a deep dive into the SEC's Edgar system — and beyond — and identify vulnerabilities in our financial system that unwittingly facilitated illegal foreclosures.
Her extensive study, follows the flow of financing — from Securitization until mortgages and their underlying financial instruments are retired. The structure and process of securitization may lead to foreclosures that could increase profitability for banks, mortgage companies and some investors. The stakes are compelling. U.S. mortgage balances were $12.4 trillion as of the end of September 2023. The US Mortgage-Backed Securities market has more than $11 trillion securities outstanding and nearly $300 billion in average daily trading volume.
Now you can learn what she discovered, and get a copy of the FinFlow model when you register with proof of purchase.