What The Mortgage Industry Does Not Want You To Know About Securitization
By Andy Miofsky, Illinois Bankruptcy Attorney on Nov 6, 2007 in Consumer Protection, Illinois, Mortgages
Kevin Byers is a CPA and operates his own forensic accounting consulting practice. He spent many years investigating mortgage lending and digging into the hidden world of securitized transactions. Kevin sheds light on the process in a new outline that provides easy to understand definitions and provides resources for further study into the financial practice of subprime lending that sent the world markets into a frenzy in 2007. His article, Researching Subprime Residential Loan Securitizations, is a must read starting point for everyone from the talking head news commentator to anyone who ever lived in a house.
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