Business, Finance & Law      Professional Finance

Secondary Mortgages for Everyone!: The Government Want target into the Home Equity Loan Business: 240 (Great Investing)

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Book Details
Language
English
Publishers
Independently published (19 May 2024)
Weight
0.14 KG
Publication Date
19/05/2024
Pages
66 pages
ISBN-13
9798326104212
Dimensions
15.24 x 0.41 x 22.86 cm
Reading Age
6 - 18 years
SKU
9798326104212
Author Name
Joshua King (Author)
My name is Joshua King. My wife and I have been married for 15 years and we have started on our journey to financial independence. Join us on our journey through our magazine, Financial Independence Magazine, and tons of other books! Go to our blog Military Family Investing to find a schedule of free books we release on Amazon!Read more about this authorRead less about this author
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The average consumer is strapped for cash. However, the US economy thrives on consumer spending.

What is a government to do?The US government wants homeowners to access more capital (debt) by encouraging them to take secondary mortgages, also known as home equity loans. For their part, the government promises to pay investors back if borrowers default on their secondary mortgages.

This will create a secondary market for home equity loans similar to the one for primary mortgages, also known as mortgage-backed securities. I am staying far away from assuming a secondary mortgage, but I will invest in secondary mortgage-backed securities through the stock market!How will you take advantage of a new trillion-dollar industry? Good Luck!.

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