Or they might even start to buy things that aren't Treasuries.

I have 4 billion in residential CDOs, collateralized debt obligations.

This is annual insurance, for things like hazard insurance, and flood insurance, earthquake insurance, or whatever insurance you need where you live.

And that caused housing prices to go up.

Insurance.

Residential Area

Home Address

The mortgage...

The other type of policies is whole life and whole life is the motivation for whole life policies.

Insurance.

Ah, in that case

The insurance?

An insurance policy.

There are many kinds of insurance such as health insurance, fire insurance, life insurance, etc.

why.

Home Address City

Home Address Country

Home Address Label

Hmm.

Do you sell insurance?

So when housing prices go down, that's the only situation where really you should have foreclosure.

If you look at the major categories they have food and beverages, housing

Home Address Street

You know, Chelsea West.

Preferred, then Home Address

The mortgage payment, we calculated that before, using our mathematical knowledge of geometric series.

let's see those zeros cancel out, this zero cancels out, they're getting, over the life of the policy, 1 dollar in premiums for every 100 dollars in insurance.

I just realized that I didn't answer a question that might be burning in your brain because in whole life we talk about the scenario

I sell insurance.

An insurance swindle.

Most of the loans we're familiar with in our personal

Home Address Post Office Box

Then he walked slowly up the street, and then down again to the corner, still

Let's say it's um let's say its 10 billion of commercial mortgages.

So let me just say population.

We will be developing prefab houses.

Now you've been casing that family's house for months...

Put it at 0 if you don't.

I chose to crash this party myself.

I stumbled onto a racket.

The housing shortage is very acute.

Home Address State

Home Address Zip Code

So let's think about how we manage our money.

So right here are a whole bunch of people's mortgages.