Bundled Mortgages

  • Consumer lending has been curtailed over the past few months.
  • Currently, treasury securities yields are extremely low.
  • Bundles of mortgages were turned into investment instruments.
  • Every investor should maintain a portfolio with a wide range of assets.
  • There are very few truly safe havens.
  • Many mortgage backed securities are now considered toxic.
  • Financial servicesrefers to products which help consumers invest, save and manage their money.
  • Some of the most famous banks recommended bonds made up of bundled mortgages to clients before the financial crisis in 2008.
  • The principal cause of the crisis was the house of cards built on bundled mortgages.
  • It's important to keep track of all of the assets in your portfolio.

By Kenneth Beare, About.com Guide