Anonymous ID: cf2466 Oct. 4, 2023, 10:53 a.m. No.19666767   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

Mortgages are sold as investments

Invested are marketed by "prospectus"

A detailed financial report has to be submitted for potential investors to consider before agreeing to "fund" the loan.

All investments are speculative

"Hoping to get paid back + Profit'

Govt backed mortgages?

Govt makes good by pointing out Fraud?

Anonymous ID: cf2466 Oct. 4, 2023, 11:20 a.m. No.19667056   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

>>19666889

Investments are inherently risky

Banking is inherently dishonest

 

Consider a 30 year mortgage

1st payments = all interest in 30 yrs

Refy after 36 months, lose all that credit for paying.

 

Banker gets 30 yr returns for 3 year risks?

 

Dishonest