The US Capital Funding story is unclear at best.
There is no evidence of the company being registered as a financial institution such as a bank, trust company, investment dealer and the like at the federal or state level.
There is no evidence that the company has depositor insurance for any deposits that it may have on hand.
At best, we can speculate that it is a lender of securitized assets. Now to claim that US Capital Funding has trillions in assets without being a regulated institution is a stretch of the imagination. Millions perhaps - trillions most unlikely. To suggest that the firm has more assets than the world's largest bak or the largest bank in the United States or even greater than China's investment in US treasuries is potentially misleading.
With the additional hard data of a sister company's charter cancelled for lack of filing annual returns with a similar fate for the Georgia company now evident does raise some question on US Capital Funding's back office functions. However, a review of the registered address of US Capital Funding indicates either a daily/weekly/monthly rental of an office or two within a executive suite arrangement does raise an eyebrow of the prospective permanence of the company. Mind you, the Georgia company is still very young having been around for only two years!
I am not saying that BGMO did not get a piece of paper from US Capital Funding. The ultimate question will be if any regulated institution will accept the document as valuable to grant credit to deploy.
