BOOMERBUSTER

BOOMERBUSTER
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Tuesday, July 22, 2014

RE NYT FARM LAND INVESTMENTS

These present many of the same insurmountable underlying legal problems now long associated with home mortgage backed securities.

They are, after all, based also on securitized mortgages.

You cannot legally securitize a mortgage, really, especially a traditional one, governed, as almost all of them have been, more or less by each separate state's laws, 50 different states' property, and other related, laws.

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