Home > Business/Markets > FRAUDCLOSURE: “MBS INVESTORS ARE CALLING THEIR LAWYERS”

FRAUDCLOSURE: “MBS INVESTORS ARE CALLING THEIR LAWYERS”


This is a Bloomberg interview with Chris Whalen. It outlines serious problems for the banks as they are being asked to buy back fraudulent mortgages.

Watch on youtube

He says it will take two election cycles to get rid of the criminals in DC. He also says that state governors and state governments will stop foreclosures and ask people to continue paying their property taxes but not pay their mortgages.

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