Promissory Note – Promissory Notes are Money

A promissory note is a promise to pay sometime in the future and is used as money and a Bank Asset. You can pay off many debts with several promissory notes.. Banks negotiate promissory notes every banking day in their normal course of business.

Banks sell and assign a promissory note after monetization and securitization to make money without risking a penny or money.. Banks bundle the promissory notes together in a trust and convert these promissory notes into stock or bond certificates to be sold on the open market to investors.

After a promissory note is converted into a certificate the promissory note is copied then destroyed as per SEC Law. If the promissory notes are not destroyed, the TRUST is taxable.

As you can see your mortgage promissory note is money and an asset to the bank. This website legally processes promissory note and promissory notes securities to pay off or discharge mortgage debts and all type of debt. See you there.

Author: David Young

NOTE: We stress that we are neither lawyers, attorneys nor accountants and do not give legal nor accounting advice. We help home owners that have mortgage or foreclosure problems. When you are in foreclosure and going to lose your home if you do not take action or stuck with an underwater negative value home, we pull no punches helping you with mortgage Relief. E-Mail Address: David Allen Young, Sui Juris Private c/o United States Post Office 305 E. Yager Lane, Suite 423, Rural Route 78753 Austin, Texas Republic Non-Domestic WITHOUT THE UNITED STATES

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