Friday, August 26, 2016 3:47:22 PM
Its not really just a theory. ..
Its a crazy situation that actually did happen so I think we as prudent investors should discuss it.
Those MBS became a betting game to a lot of investors...
It created mortgages out thin air... no actual owners.... just approved people...
This is why we think theres billions in mortgages...
Wamu never owned them.... nobody did.... they were being supportted by an illegal/risky capital that was only being held as long as ninja loans held up. But we know how that ended.
So since there was no owner... wamu cant sell them... which is why the word ACQUIRED is being used. Nobody owned the... so jpm acquired the assets. ..
Obviously I dont have all the facts... im reporting what I saw and someone did infact go to jail over this.
In my opinion. .. this guy was the person who took the fall for the mortgage meltdown. ..
Why..?
Because that was the only case I saw where it all made sence.. how it all went down... how it all created... and from that... I felt I really knew what was really going on with wamu...
The government has a huge task to make all of us believe. .. wamu was filled with cash but in reality wamu was being held up by back door risky mortgage gambling. ..
Does anyone ever heard of what im talking about or the living lies article?
Or do we say screw it.... who cares if the truth out there....
MAKE ME RICH!!!! GOOOO ESCROWS!!!!!
just wondering your thoughts ppl.....
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