Please forward this error screen to 64. Not least to most risky investments investor is suitable to invest in fractionalized first mortgages. 1 million, exclusive of home, furnishings and automobiles. Net of servicing fees, assuming the loan pays as agreed.
This does not constitute an offer to purchase first mortgage investments. An offer is made only through an Offering Circular or Private Placement Memorandum. Investing in first mortgage investments involves substantial risk. Please be sure to carefully read the Risk Factors section of the Offering Circular or Private Placement Memorandum before investing. Most painful trust deed losses happen during real estate recessions. If your hard money broker fails, the bankruptcy trustee, the various attorneys, the receiver, the auditors, and the accountants will tend to bleed your investment dry. The wise mortgage investor will therefore choose a broker set up to survive.
Avoid hard money mortgage funds at all costs. Many hard money mortgage funds only cash flow when the broker has the liquidity with which to make loans and earn new loan fees. During recessions, investors line up to withdraw. Please forward this error screen to 75. The number of victims from Bernard Madoff’s alleged Ponzi scheme continues to grow. A list with thousands of names of clients who invested money with Mr. Madoff was released as part of a bankruptcy-court filing.
5 billion was connected to Madoff. The loss is more than half of all assets overseen by Tremont. Santander is offering its private banking clients 1. 38 billion euros in compensation for Madoff-related losses. The offer doesn’t apply to institutional investors. Santander customers Mar Octava Limitada and Marcelo Guillermo Testa filed a class-action lawsuit in a U. Hedge funds run by the bank had almost all their money invested with Madoff.