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Secondary Market Annuities as a Source of Secure Investment Returns
Secondary Market Annuities as a Source of Secure Investment Returns In 2008, when large institutional investors began to suffer severe financial distress from the “un-winding” of various real estate “mortgage backed asset securitizations”, cash flow in the banking sector and financial markets all but ceased to exist. One immediate solution to the problem was to make available to “private investors”, the same low risk, high yield, commercial grade paper arising from primary market “factored” annuities; previously only available to large institutional investors. “Factored Annuities” are “pre-issued” or “secondary market” annuities arising from structured settlements, lottery winnings, casino jackpots, and/or […]