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Very well. Please pick a property not paid off on your block and tell me every single owner, including people who own a millionth of a percent of it via 401ks. I want names, precents, legal terms that they are operating under, and purchase date(s). I will except CSV format only.
A mortgage backed security is a structured debt derivative contract which is backed by the cash flow of the loan, via the issuing bank. It doesn't actually grant any ownership rights to the underlying asset itself.
Fancy words for it is a share of ownership with an abstraction layer for bailouts.
https://www.cnn.com/2021/05/19/homes/black-homeowner-home-appraisal-feseries/index.html
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