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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: rich evans who wrote (154276)10/5/2008 2:45:56 PM
From: XBritRead Replies (1) of 306849
 
<<Don't buy the secuitized paper. Go to the mortgage servicers and buy up a group of mortgages which the paper represents.>>

You missed a step in the middle: "wait 2-3 years while the lawyers untangle the legal ownership of the mortgages and negotiate for permission with 100 instiutions in 20 countries".
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