THE FORECLOSURE HANDBOOK
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The attached Foreclosure Defense Handbook backs up some of what Tom Schauf exposed. The Foreclosure Defense Handbook explains 'securitization' better than anything else I've read.
For those interested, another description of 'securitization' is attached.
Also attached is an explanation why 'securitization' is not legal (lawful?)
My daughter is going through the foreclosure process so I'm trying to learn about the securitization scam that is ongoing. The media called the massive number of foreclosures a 'subprime' crisis. That is a misnomer. (Quelle surpise!!) It is a 'securitization' crisis. Many mortgages in the securitized 'pools' were not even subprime and many people who never missed a payment are also facing foreclosure.
I think this mess is an important component of the " Looting of America" as fabulously described by Catherine Austin Fitts. |
Simply trying to Return America to our Forefathers Ideas of Freedom
The American Reconstruction Project
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