Compound Mortgage: Subprime Mortgage Crisis Made Quantifiable, Containable & Affordable
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Paperback, 40 pages
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The Compound Mortgage is a rev-ed up, (auto) lease-to-own system layered over a bail-out that pays down about 30% of the sub-prime market by splitting the cost between 8 industry players (feds, state, county, banks, mortgage holder, servicer, buyer, and seller). Each party is left pitching in a small and affordable 2% to 3% of a sub-prime mortgage. Because the sub-prime crisis has been a leveraged problem, its implosion has been greater then its own immediate value. Re-instating sub-prime back at its original value with this 20% bail out, we can provide a multiplied return in both Wall Street revenues and fed taxes. This will free up the credit crunch in return as well jump start the real estate market once again.