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Wednesday, January 12, 2011

Breaking News, the most important article regarding the future of our banks and homeowners you may read in 2011 has been written by Eleanor Bloxham.


I fell in love with the headline, Bankers: Quit selling your loans, and I loved the simple, straight forward approach Eleanor Bloxham takes regarding the banks infatuation with securitization.

So, can Wall Street explain to Main Street why their ongoing addiction to mortgage securitizations are a good thing for Main Street?

2 comments:

Anonymous said...

That article shows a complete lack of understanding of some of the most fundamental concepts surrounding mortgage banking and securitization. Your strong endorsement of the article is telling as to your knowledge level.

Alessandro Machi said...

Ron Paul just asked the same question 18 months later that Bloxham brings up in this article, so I would trust those two over you anytime.

Ron Paul asks why the Fed hides behind a middle man fraudster.

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