Who owns your mortgage, the mind-croggling flowchart edition


This insanely complex chart represents securitization auditor Dan Edstrom's best attempt to figure out who actually owns his mortgage: "The following flow chart reverse engineers the mortgage on the Ekstrom family residence. It took Dan over one year to take it this far and it clearly demonstrates what happens when there are too many lawyers being manufactured."

Just When You Thought You Knew Something About Mortgage Securitizations (Thanks, Mr. Tough!)