Wednesday, May 20, 2009

mortgage melt-down

So it turns out that most of the "investment grade" mortgages that were done by Ameriquest were still owned by Ameriquest but they hired the wolf to manage the money.

The wolf ate the mortgagors and the securities and left Ameriquest holding an emply bag filled with defaulted mortgages that were caused by the wolf.

Who was the wolf? You only need to ask the Securities Exchange Commission who was the "Master Servicer" for Ameriquest [A.K.A. Park Place Securities, LLC]

look up series 2004-wwf1 and see what you see.

I know more than I'm telling, but do not want to be out for lible. So go see the truth. If you need help, let me know and I can give a link, what the hell, lets go there now:http://www.secinfo.com/$/SEC/Filings.asp?File=333-118640-04
check this out and find the name of the "wolf."

Heaven help the little guy, the devil is already helping the "wolf."

later

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