Chapter 2232 The biggest weakness
Saint-Loduo, an intermediary center.
"You two, the specific operation method is this: For example, you both have a house in Saint-Lo, the house is only in your wife's name, and then you fake a divorce.
The current market price of the house is 700 million. Sir, please ask your wife to sell the house to you for 1000 million. The minimum down payment can be 100 million and the loan is 900 million.
In this way, you two can continue to live in the house, but you will have 900 million more in your hands.
The investment income of 900 million can just be used to pay off the mortgage.
If house prices fall sharply in the future, you don't have to pay back the mortgage. You can just let the bank take the house away. In this way, you will cash out the house at a high price.
If house prices continue to rise, you can actually sell it at the right time and make the difference. "
The agency is brainwashing the two hegemonic couples according to the rhetoric taught by Chen Mo.
This method, like "professional debtor" and "emperor's community", could only be used before the subprime mortgage crisis in 2008.
In this matter, the down payment ratio can even be as low as 0!
The 10% down payment is just to increase the success rate of bank loan approval.
Generally speaking, those who are willing to do this are young couples.
For example, a young couple has paid a down payment and has no funds for house decoration. They hope to borrow hundreds of thousands more from the bank to solve the problem of house decoration. Generally, the amount is not particularly high.
But once the subprime mortgage crisis breaks out, banks will call for loan repayments regardless!
In a hegemonic country with no savings habit, requiring all loans to be paid off at once would definitely kill 99% of ordinary people!
Of course, after the subprime mortgage crisis, this trick will no longer work.
By that time, bank mortgage assessments will have changed dramatically.
The valuation amount of a house needs to be evaluated by a professional agency or professionals, and it is not decided by the buyer or seller.
It is absolutely impossible to sell a house higher than the market price.
At that time, during the sale and purchase of second-hand houses, banks asked appraisal companies to evaluate the price of second-hand houses, and the upper limit was the highest price of similar houses. If it exceeds the upper limit of similar housing, the bank will definitely not lend.
At that time, the mortgage-to-value ratio may not even be 70% or even 60%.
Moreover, after the subprime mortgage crisis, subprime mortgages have almost disappeared. When applying for a home loan, banks will require borrowers to provide the capital flow of their personal accounts. This is the first source of repayment for banks to evaluate borrowers.
Therefore, this empty trick of cheating on mortgage loans through divorce can only be used now.
In addition, Chen Mo did not tell the intermediary that in fact, most of the financial products sold in Baguo market are positively related to MBS and CDO.
Not to mention whether the bank will lend them a loan, even if the hegemonic couple succeeds in defrauding them of loans, they will still face high mortgage loan pressure.
If you take a loan of 900 million and follow the equal principal and interest repayment method (30 years), you will need to pay back more than 5 yuan per month!
According to the basic loan requirements generally implemented by banks, even if the borrower has no other liabilities except the mortgage loan, his monthly income must reach twice the repayment amount, that is, his monthly income must be 9.6 yuan.
Even though the hegemonic country is the world's most developed country, in 2008, the per capita monthly income was only more than 3.
If the loan can be successfully obtained, the salary level needs to be several times higher than the national per capita salary level and must remain stable for 30 years.
In addition, according to Chen Mo's rhetoric, it is not feasible to use the income from 900 million cash investment to repay the mortgage.
Because even if the Federal Reserve has raised interest rates before, the average yield of bank financial products on the market is only about 5%, which cannot cover the interest on mortgages at all, let alone the sky-high property taxes every year.
What's more, during this operation, the couple also faced other operational risks. If the relationship between the two breaks down in the future and becomes a real divorce, the party whose name is not on the real estate certificate will face the risk of property loss.
But Chen Mo would definitely not let the intermediary talk about this series of risks.
This operation is to add pressure to the subprime mortgage crisis of the hegemonic country.
The young couple, who were not well educated to begin with, happily signed the contract after hearing the intermediary's lies.
Chen Mo doesn't care how much the agency fee is.
Now as long as ordinary people in the hegemonic country frantically collect money from the bank and frantically cause a run on the house, then his goal will be achieved.
Of course, this is just a trick for couples.
There are other tricks.
For example, if you don't want to repay the mortgage if house prices fall, you can fake a divorce. One party will take on the mortgage, and then use the house as a mortgage to get cash.
The other party can be freed from the mortgage, and the money obtained from the mortgage of the house can be withdrawn into cash, and both parties can continue to live together.
The person who takes on the mortgage loan is probably similar to a professional debtor. He wants to completely give up on credit reporting, which is a dark road.
This trick very much tests the relationship between husband and wife. If the other party has even the slightest selfishness, it will cause the party who bears the mortgage to lose both money and life.
However, Chen Mo still underestimated the pressure of subprime mortgages.
On the first day alone, a total of 2000 couples came to this small store in San Luodu to seek help from an agency, hoping to fake a divorce and cash out the money from the bank.
Chen Mo couldn't imagine that as the subprime mortgage crisis was getting closer and closer, this trend spread in Hegemony. How many couples would divorce because of this, and how many couples would turn against each other after divorce, causing great harm to Hegemony's society. How much turmoil security creates.
In this way, the three steps of "emperor's community", "professional debtor" and "couple's fake divorce" were carried out in an orderly manner, secretly adding to the 2008 subprime mortgage crisis.
the other side.
Foundation headquarters.
Shang Li brought the gift, sat proudly in front of Solomon and showed off: "Mr. Rothschild, I didn't lie, did I?"
"Now, the situation has been completely stabilized by me!"
"With your help, not only did I secure my position as the Five Old Stars, but the Ximen family and the Yin family also agreed to follow me in the future!"
"As long as you defeat Chen Mo, and as soon as Mo Yuan Capital goes bankrupt, I can guarantee that all of Mo Yuan Capital's high-quality assets will be harvested.
In the future, it will no longer be a dream to come to Daxia to seize money through my channel of Uranus and realize the "Terminal Plan"! ! ! "
Solomon was not dazzled by the pie painted by Shang Li. Instead, he looked at him with a complicated expression: "Well, you do have two brushes. But, how can you be sure that your grandfather will not retract his confession?"
"At his age, and with his previous special status, he should be given a suspended death sentence at most, right?"
The corners of Shang Li's lips curled up slightly: "My grandfather can't get his confession back. I've already made arrangements. He should die suddenly in the next few days."
After that, my biggest weakness disappeared. "
When he heard the words "biggest weakness", Solomon couldn't help but frown.
Looking at Shang Li's expression...it's like looking at a dog! ! !
