The Truth Behind Mortgage Securitization: Your Mortgage Is a Promissory Note, Not a Loan
When you sign a mortgage agreement, are you actually taking out a loan?
Or are you unknowingly signing a promissory note that is immediately monetized and traded on the securities market?
Banks present mortgages as loan agreements, but in reality, they securitize these instruments for profit without the borrower’s knowledge.
The moment you sign, your signature transforms the so-called “loan” into a negotiable financial instrument—a promissory note.
This note is then bundled with others, sold to investors, and traded in the financial markets.
This is why the Westpac Mortgage Securitization Disclosure document is so critical. It reveals the hidden mechanics behind this process, where banks offload their risk, collect upfront payments from investors, and yet still demand repayments from unsuspecting homeowners.
Key Points to Expose in Mortgage Securitization:
1. The “Loan” Is Not a Loan – It is merely a securities transaction where the bank never lends real money but instead monetizes the borrower’s promissory note.
2. Title Perfection Fraud – The bank relinquishes its equitable title the moment the mortgage is assigned and sold, meaning they have no legal claim to demand repayment.
3. Pooling and Servicing Deception – Even after selling the note, banks continue acting as “servicers” to collect money on behalf of investors while concealing the true ownership of the debt.
4. No Full Disclosure – Borrowers are never informed that their mortgage is immediately transformed into a financial asset and traded without their consent.
This practice is a clear violation of contractual transparency and an outright deception designed to entrap homeowners into endless financial servitude.
If banks no longer own the mortgage, how can they foreclose?
This is the question that destroys their entire house of cards.
It’s time to expose the fraud, demand accountability, and restore rightful ownership to property holders.
The mortgage you signed was never a loan—it was a promissory note that they turned into profit behind your back.