MANY Links Proving Debts Are Bought And Sold Everyday !

 

 

 

PLEASE NOTE: You Do Not Need To Read Everyone Of The LINKS But Take Note Of How Many There Are PROVING Your Creditors SOLD YOUR DEBT !

 

To generate the following searches yourself simply enter into google search engine the following phrases:

 “Are my credit card debt securitized”
AND
“What is securitization”

 

The Following Are Many Links Proving Your Creditors Sold Your Debt:

Here is a link  From Wikipedia, the free encyclopedia.

In the above link Wikipedia definition it states clearly“Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities”
In this link it states clearly in the second paragraph.

“A card issuer sells a group of accounts to a trust, which issues securities backed by those receivables. The card issuer still services the account, but the assets are removed from its balance sheet.

In  this link  it states clearly in the third paragraph

Securitization, a process of pooling illiquid financial assets (such as loans, bonds, and mortgage) and selling the assets as liquid products to investors, emerged in 1970s and grew dramatically in early 2000s. “

Furthermore under the heading “II. Background & Past Academic Papers   ” it clearly states
“The process of securitization is as following: first, the originators pool a group of similar illiquid and non-tradable financial assets (such as mortgage or car loan payments). Second, they transfer those assets to a Special Purpose Vehicle (SPV), whose sole purpose is to issue the securities. Then, they repackage the cash flows through financial contracts with different parties involved. “

According to the Dictionary: “Transfer” is another term used for the term “Sell”.

This link  is from the financial post stating Credit Card Debt is securitized (Banks sell Credit Card Debt):

This link states clearly in the second paragraph:

“Securitization is the practice of combining various debt obligations (like residential mortgages, commercial mortgages, auto loans or credit card obligations) into one consolidated debt instrument, or security, such as a bond. Once the debt obligations have been pooled, a coupon is set and paid to the bond purchaser.

The use of the term “purchaser” proves they are referring to the bank selling your debt
This link Is titled “Why Banks Sell Loans They Make”
Under the heading:
“Why loans are sold”

“Many consumers don’t realize there’s a thriving market for loans, referred to as the secondary market. When you borrow from a bank or credit union, you may not notice that the fine print on the lending agreement says the loan may be sold.“Most lenders sell loans due to liquidity reasons, meaning they don’t want the loans in their balance sheet,” says Cristina Zorrilla, assistant vice president of mortgage pricing and investor relations with Navy Federal Credit Union. “They sell loans so they can lend to more borrowers.”Some lenders sell loans to other financial institutions but keep the servicing rights.This means the customer still deals with the same lender and sends the payments to the same place. It hardly affects consumers, since the point of contact doesn’t change. However, many lenders don’t have the capacity to continue servicing all the loans they make, so they sell both the debt and the servicing rights. When that happens, customers have to send their payments to a new organization — and will deal with that new party if problems arise. Only a few, including Navy Federal Credit Union, never sell servicing rights.”

YOUTUBE VIDEOS Mentioning Creditors Sell Debt:

The following videos are explaining Securitization.  They can get pretty in depth therefore we have mentioned the time within the video when they mention the Banks sells the debt to a third party. 

Watch The Following Video From The Beginning to 1:39.  At this point there is no point on watching past 1 min and 39 seconds of this video for now.  At 1:20 of the video it states clearly the bank sold your debt!

Click to watch. 

Watch The Following Video.  This Video will explain how your credit card debt was SOLD / Securitized. Every Canadian should be aware of this fact. Watch The Entire Video but PLEASE NOTE: At 1 min 3 seconds (1:03) of this VIDEO it states the Credit Card Debt Is Bought and Sold
Also at 1:30 of the above video he states Credit Card debts are bought and sold at 2:30 he states they sell the debt to another party at 3:05 he states a third party comes and buys the debt

 Click to watch.

At 0:43 seconds of the following video there is a diagram notice the diagram where it illustrates Fannie Mae exchanging money to the bank (buying the debt from the Bank)

At 29 seconds of the following video it states clearly the bank sold your debt via securitization

Click to watch.

50 seconds he states the banks wants to sell the debt 2:25 of this video he says they grouped your debt and cut it up and sold click to watch.

30 seconds of this video he states clearly they sell the debt click to watch.

50 seconds of this video it states the banks will sell your debt click to watch.

The above is simply the tip of the iceberg of what can be found on the internet proving :

Your Creditors SOLD Your Debts!

To use the information presented in this blog to get out of debt here is a LINK worth checking out or email us at UnitedWeStandPeople@gmail.com . 

36 Replies to “MANY Links Proving Debts Are Bought And Sold Everyday !”

  1. I think that a property foreclosures can have a important effect on the client’s life. Mortgage foreclosures can have a 7 to 10 years negative effect on a client’s credit report. The borrower that has applied for a home loan or any loans for that matter, knows that the particular worse credit rating is actually, the more complicated it is to have a decent mortgage loan. In addition, it could affect the borrower’s capacity to find a good place to let or hire, if that gets to be the alternative property solution. Great blog post.

  2. Thanks for your article. One other thing is always that individual states have their own personal laws which affect property owners, which makes it very difficult for the Congress to come up with a new set of rules concerning property foreclosure on home owners. The problem is that each state has own guidelines which may have interaction in an adverse manner when it comes to foreclosure insurance plans.

  3. I was just looking for this info for some time. After 6 hours of continuous Googleing, at last I got it in your website. I wonder what is the lack of Google strategy that do not rank this kind of informative websites in top of the list. Usually the top sites are full of garbage.

  4. In line with my study, after a foreclosed home is offered at a sale, it is common for your borrower to be able to still have the remaining balance on the bank loan. There are many loan companies who aim to have all costs and liens cleared by the next buyer. Even so, depending on specified programs, restrictions, and state guidelines there may be some loans which are not easily settled through the transfer of lending options. Therefore, the responsibility still remains on the lender that has got his or her property in foreclosure process. Thank you for sharing your ideas on this website.

  5. Hi there, simply become aware of your blog through Google, and found that it’s truly informative. I抦 gonna watch out for brussels. I will be grateful in the event you proceed this in future. A lot of other folks can be benefited out of your writing. Cheers!

  6. I’m not that much of a online reader to be honest but your sites really nice, keep it up!
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    All the best

  7. I just like the helpful information you supply on your articles.

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    I am fairly sure I will be informed many new stuff proper right here!
    Good luck for the following!

  8. Hey very cool blog!! Man .. Excellent .. Amazing ..
    I’ll bookmark your site and take the feeds also?
    I am happy to seek out numerous useful info here in the post,
    we need work out more techniques on this regard, thank you for sharing.
    . . . . .

  9. Thanks a ton for being our instructor on this matter.
    We enjoyed your article quite definitely and most of all enjoyed reading how
    you handled the aspect I regarded as being controversial.

    You’re always extremely kind towards readers
    much like me and help me in my lifestyle. Thank you.

  10. We stumbled over here by a different web address and thought I might as well check things out.
    I like what I see so now i’m following you. Look forward to exploring your web page yet again.

  11. Aw, this was an exceptionally nice post. Taking the time and actual effort to produce a really good article?
    but what can I say? I hesitate a whole lot and never manage to get anything done.

  12. Thank you for every other informative blog. Where else could I get that kind of information written in such an ideal manner?

    I’ve a challenge that I am just now working on, and I have been at the look out for such information.

  13. Great beat ! I would like to apprentice even as you amend your web site,
    how could i subscribe for a weblog web site? The account aided me a applicable deal.
    I were a little bit acquainted of this your broadcast offered bright transparent idea

  14. I think this is among the most vital info for me. And i am glad reading your
    article. But want to remark on some general things, The site style is ideal, the articles is really nice
    : D. Good job, cheers

  15. Howdy! I could have sworn I’ve been to this blog before but after reading through some of the post
    I realized it’s new to me. Nonetheless, I’m definitely glad I found it and I’ll be
    book-marking and checking back frequently!

  16. I really love your site.. Excellent colors & theme. Did you
    create this web site yourself? Please reply back as I’m trying
    to create my own personal site and would love to learn where you got this from or exactly what the theme
    is named. Cheers!

  17. Thank you for your blog post. Thomas and I are saving for our new publication on this subject and
    your blog post has made all of us to save the money.
    Your ideas really responded to all our queries. In fact, above what we had known in advance of the time we discovered your superb blog.
    I no longer nurture doubts and a troubled mind because you have totally attended to our needs
    in this article. Thanks

    my page – http://www.invest74.ru

Leave a Reply

Your email address will not be published. Required fields are marked *

36 Replies to “MANY Links Proving Debts Are Bought And Sold Everyday !”

  1. I think that a property foreclosures can have a important effect on the client’s life. Mortgage foreclosures can have a 7 to 10 years negative effect on a client’s credit report. The borrower that has applied for a home loan or any loans for that matter, knows that the particular worse credit rating is actually, the more complicated it is to have a decent mortgage loan. In addition, it could affect the borrower’s capacity to find a good place to let or hire, if that gets to be the alternative property solution. Great blog post.

  2. Thanks for your article. One other thing is always that individual states have their own personal laws which affect property owners, which makes it very difficult for the Congress to come up with a new set of rules concerning property foreclosure on home owners. The problem is that each state has own guidelines which may have interaction in an adverse manner when it comes to foreclosure insurance plans.

  3. I was just looking for this info for some time. After 6 hours of continuous Googleing, at last I got it in your website. I wonder what is the lack of Google strategy that do not rank this kind of informative websites in top of the list. Usually the top sites are full of garbage.

  4. In line with my study, after a foreclosed home is offered at a sale, it is common for your borrower to be able to still have the remaining balance on the bank loan. There are many loan companies who aim to have all costs and liens cleared by the next buyer. Even so, depending on specified programs, restrictions, and state guidelines there may be some loans which are not easily settled through the transfer of lending options. Therefore, the responsibility still remains on the lender that has got his or her property in foreclosure process. Thank you for sharing your ideas on this website.

  5. Hi there, simply become aware of your blog through Google, and found that it’s truly informative. I抦 gonna watch out for brussels. I will be grateful in the event you proceed this in future. A lot of other folks can be benefited out of your writing. Cheers!

  6. I’m not that much of a online reader to be honest but your sites really nice, keep it up!
    I’ll go ahead and bookmark your website to come back later.
    All the best

  7. I just like the helpful information you supply on your articles.

    I’ll bookmark your blog and test again right here regularly.
    I am fairly sure I will be informed many new stuff proper right here!
    Good luck for the following!

  8. Hey very cool blog!! Man .. Excellent .. Amazing ..
    I’ll bookmark your site and take the feeds also?
    I am happy to seek out numerous useful info here in the post,
    we need work out more techniques on this regard, thank you for sharing.
    . . . . .

  9. Thanks a ton for being our instructor on this matter.
    We enjoyed your article quite definitely and most of all enjoyed reading how
    you handled the aspect I regarded as being controversial.

    You’re always extremely kind towards readers
    much like me and help me in my lifestyle. Thank you.

  10. We stumbled over here by a different web address and thought I might as well check things out.
    I like what I see so now i’m following you. Look forward to exploring your web page yet again.

  11. Aw, this was an exceptionally nice post. Taking the time and actual effort to produce a really good article?
    but what can I say? I hesitate a whole lot and never manage to get anything done.

  12. Thank you for every other informative blog. Where else could I get that kind of information written in such an ideal manner?

    I’ve a challenge that I am just now working on, and I have been at the look out for such information.

  13. Great beat ! I would like to apprentice even as you amend your web site,
    how could i subscribe for a weblog web site? The account aided me a applicable deal.
    I were a little bit acquainted of this your broadcast offered bright transparent idea

  14. I think this is among the most vital info for me. And i am glad reading your
    article. But want to remark on some general things, The site style is ideal, the articles is really nice
    : D. Good job, cheers

  15. Howdy! I could have sworn I’ve been to this blog before but after reading through some of the post
    I realized it’s new to me. Nonetheless, I’m definitely glad I found it and I’ll be
    book-marking and checking back frequently!

  16. I really love your site.. Excellent colors & theme. Did you
    create this web site yourself? Please reply back as I’m trying
    to create my own personal site and would love to learn where you got this from or exactly what the theme
    is named. Cheers!

  17. Thank you for your blog post. Thomas and I are saving for our new publication on this subject and
    your blog post has made all of us to save the money.
    Your ideas really responded to all our queries. In fact, above what we had known in advance of the time we discovered your superb blog.
    I no longer nurture doubts and a troubled mind because you have totally attended to our needs
    in this article. Thanks

    my page – http://www.invest74.ru

Leave a Reply

Your email address will not be published. Required fields are marked *