Wall Street is Lying to Investors of All Stripes

Like always, there is the “in-group” and then everyone else. Ocwen is viewed as a hot trade even though it has no discernable business base other than receipt of income from conduits or sham conduits who have nothing to do except serve as conduits for payments of money to Ocwen — but as long as it is needed as a front for Wall Street. Any security analyst will tell you that this is a company that is just waiting to be thrown under the bus by the real culprits in a concealed scheme.

Investors who have purchased certificates and then received “reports” are actually left with nothing at all. I keep getting reports like the following:

If you go in Edgar and look up a specific pool. Mine for example has the wrong zip code listed and wrong property type. This is all the investor can see. When an investor looks at my pool in question they think they are getting a 1-3 family building in Times Square. The reality is a 10 plus unit, single rooming house in Harlem NY. Investors where shown one thing. But the reality is so much different. There is no way for an investor to reconcile this. They are only give loan number and zip code. They cannot check on the authenticity of ANYTHING they invested in. Homeowners and investors were played the same way.

Wall Street gets away with his because of the sheer volume of data they have published — mostly under disclaimers as to truthfulness validity and authenticity. Plus of course, there is the simple fact that Wall Street is like Congress. practically nobody reads anything before they act.

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