Mortgage Securitization For Dummies
If you click on the link below, you too can play.
It’s even more fun than “Where’s Waldo” or the “Find the Pope in the Pizza” contest. Ready?
Dude Where’s My Mortgage?
Labels: find the Pope in the pizza, mortgage securitization, Where’s Waldo
posted by Tom Harper @ 5:59 PM
6 Comments:
Holy Crap it looked like they stole Glenn Becks Prop. Board.;)
And that, ladies and germs, is why I rent.
Oh no Tim, Glenn isn't smart enough to come up with something like this.
When I paid my place off it took them over a year to find out where the paperwork went. The papers went through four states and after bouncing around the country landed up in California. Luckily it wasn't packaged and sent overseas or they would have never found it.
I did not try to decipher that chart. I have other things to get done before Christmas. ;-)
Tim: Glenn Beck's prop board, LOL.
Randal: That's one way around the problem.
Demeur: Thanks for the info. No matter how twisted and convoluted we think everything is, it's worse.
TC: I didn't even try to read it. One glimpse and my head started to hurt.
I work in this industry, understand it pretty well, but I don't know that I could have produced a chart like that. Kudos to this guy!
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