CMO Programme
This is the basic info. The joint venture agreement is not included. This is
for the CMO deal only, not the over 100M trade situation.
CMOs = Collateralized Mortgage Obligations, can be purchased at 1.6M for 1
Billion worth of value
The investor would have title to the CMOs and the interest on the coupon
would return his investment in about 3 months. More importantly, the trade
platform is paying for an insurance bond (insurance wrap) which allows for
the trader to draw down on a line of credit to take to trade with a
projected payout that pays around 20M to 45M a week for forty weeks. Of
course, we ask for a 50/50 joint venture with the investor. Our personal
trader is purchasing a block of these himself at the discounted amount of
1.4M per billion for multiple bundles and has verified the trading platform
and the bank, which is Rothchild's in London. This is ready now.
Procedures
1. Investor fills out the CMO Package provided
2. Compliance approval and funds are verified
3. Investor signs joint-venture which is then provided for contract
4. Contract provided and signed
5. Investor takes possession of the CMO
This is done as one would purchase any stock or bond from a
securities house. Most investors already have a brokerage account via a
brokerage house. Most large banks have one in-house. A brokerage account is
like a bank account for instruments aka securities. The funds would be
transferred via the investors bank account to account the brokerage house.
This is just like any agreed bank to bank transaction. The investor takes
possession of the CMO via their brokerage account. The investor is the
holder of the CMO coupon and the one who receives the interest payments on
the CMO during the life of the rade.
6. Trade platform puts an insurance bond (insurance wrap) on the CMO and
the CMO is blocked for one year.
The trade platform has already acquired the insurance company to
underwrite the bond on the CMO. The trader also has the credit lines to
borrow against the insurance bond and it is this that is traded.
7. Trade begins and payments begin 1 week from start of trade.
8. Investor receives payments once a week for 40 weeks.
for the CMO deal only, not the over 100M trade situation.
CMOs = Collateralized Mortgage Obligations, can be purchased at 1.6M for 1
Billion worth of value
The investor would have title to the CMOs and the interest on the coupon
would return his investment in about 3 months. More importantly, the trade
platform is paying for an insurance bond (insurance wrap) which allows for
the trader to draw down on a line of credit to take to trade with a
projected payout that pays around 20M to 45M a week for forty weeks. Of
course, we ask for a 50/50 joint venture with the investor. Our personal
trader is purchasing a block of these himself at the discounted amount of
1.4M per billion for multiple bundles and has verified the trading platform
and the bank, which is Rothchild's in London. This is ready now.
Procedures
1. Investor fills out the CMO Package provided
2. Compliance approval and funds are verified
3. Investor signs joint-venture which is then provided for contract
4. Contract provided and signed
5. Investor takes possession of the CMO
This is done as one would purchase any stock or bond from a
securities house. Most investors already have a brokerage account via a
brokerage house. Most large banks have one in-house. A brokerage account is
like a bank account for instruments aka securities. The funds would be
transferred via the investors bank account to account the brokerage house.
This is just like any agreed bank to bank transaction. The investor takes
possession of the CMO via their brokerage account. The investor is the
holder of the CMO coupon and the one who receives the interest payments on
the CMO during the life of the rade.
6. Trade platform puts an insurance bond (insurance wrap) on the CMO and
the CMO is blocked for one year.
The trade platform has already acquired the insurance company to
underwrite the bond on the CMO. The trader also has the credit lines to
borrow against the insurance bond and it is this that is traded.
7. Trade begins and payments begin 1 week from start of trade.
8. Investor receives payments once a week for 40 weeks.