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capitalismforever

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capitalismforever

Re: bcde post# 407288

Monday, 05/01/2017 2:41:53 PM

Monday, May 01, 2017 2:41:53 PM

Post# of 796691
I'm certain I know more about FnF's business model than 99.9% here.

FnF buy mortgage loans from loan originators (banks and non banks), securitise these loans in to MBS, then sell these MBS along with FnF guarantees for principal and interest.



Lol. No, that's not quite what they do :)

Now would be a good time for you to read the 10-k and learn what consolidated trusts are.
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