Consumer Bankruptcy Journal Summer 2015 | Page 36

TOP 25MYTHS MORTGAGE By Max Gardner Max Gardner Law PLLC 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 36 The bond or certificate holders in each non-agency RMBS Trust actually one some or part of the mortgage notes. WIn other words, each certificate or bond is assigned a specific mortgage note or groups of notes. The cash residual strip of the Trust actually paid off all or part of my note. My note was pain in all or part by the mortgage insurance policy I got at closing from MGIC or Radian. The bond or certif