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FMII - Foreclosure Mortgage Insurance Investment Funds - DMI - Default Mortgage Insurance Investment Funds - BMI - Bankruptcy Mortgage Insurance Investment Funds -
FMII (DMI, BMI, etc.) was created by Attorney Rydstrom and published by the 110th Congress on the problems and solutions facing the middle class, homeownership and retirement. “Risk must be paid for, or the price risk formula will be corrupt. It is simply silly to expect one who can’t afford something to pay extra with “monthly cash” that they don’t have. My experiences working on Wall Street as an accountant taught me that “price” can be paid with non-cash items, or “cash-equivalents” and “non-cash” risk mitigation devices or (insurance) funds. Hedge funds and private equity are uniquely poised to “help” us solve this problem, if we call on them.”
www.bankriskmitigation.com
Mortgage Foreclosure Industry & Congressional White Paper
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