Mortgage Guide

Les Ismore asked:


Reverse mortgages are expected to boom in coming years as baby boomers look to retire. Anyone know of good stocks to consider to profit from this trend?

Fishing Tackle And Accessories

Charles D asked:


Last night on “60 Minutes,” the reporter stated that one guy made a lot of money on failing securitizations of mortgages b/c he realized that if just a few mortgages failed, the whole security would be worthless. This is one part of the financial mess I never quite understood–or if I did, I’ve forgotten the explanation.

TIA

Drink Vending Machines

boilerette72 asked:


I hear that if a bank goes under other banks will buy these mortgages. But with so many mortgages exceeding values of homes, many banks might not want to buy the mortgages. What would happen if a bank goes under, and no one wants to buy their crappy mortgages?

Bamboo Steamers