House payments may travel world (The Oklahoman)

April 23rd, 2009 | by DebtFree.net |

NEW YORK — When you sit at your kitchen table and write your monthly mortgage check, your signature may be the first stop on a journey that takes your money to the other side of the world. Chances are your bank has resold your mortgage and the Chinese government, a teachers’ pension fund in Holland, even one of your own mutual funds might own a slice of it. Thousands of investors could be …
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