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A comment on Danes Get 20-Year 0% Mortgages. Parent comment
Bonds are created and then sold to share holders and you may even have a bond with your own mortgage in it.
Depending on the class of bond, you get paid more or less (this is the CDO)
The profits are from the bonds on the loan in the stock market.
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Bonds are created and then sold to share holders and you may even have a bond with your own mortgage in it.
Depending on the class of bond, you get paid more or less (this is the CDO)
The profits are from the bonds on the loan in the stock market.