The expectation is that these two (the CDS and the loan) balance out, but when they move out of step, the bank's balance sheet becomes very volatile.The argument against mark-to-market is that its hard to value these instruments.

There are other types of instruments that I work with as well.

As far as they know, I'm just an Instrument Technician at a paper mill (which I enjoy keeping my time occupied with).

The land on which the mobile home sits is titled by a deed or other recorded instrument through the county recorder.An older mobile home can also be mortgaged, but there are some factors to consider, such as whether the home is on a foundation, whether the home has a garage or porches added on to it, and the age of the home.

Bonds are debt instruments issued by Governments (Federal, state and local), businesses and INDIVIDUALS.

And are they a good cash flow instrument?

:crazed: If someone has a spare moment to check if I'm even looking in the right place, I'd be most grateful.http://car2.elpasoco.com/rcdquery.asp I've searched there using a number of strings in the instrument search.

TRUSTEE'S SALE OF 2061 ROYAL FERN COURT 12B TRUSTEE'S SALE OF 2061 ROYAL FERN COURT 12B Reston, VA 20191 In execution of a Deed of Trust in the original principal amount of $212,100.00, with an annual interest rate of 12.1500% from BRIAN DAVID BROWN dated August 26, 2005, recorded among the land records of the Circuit Court for the COUNTY OF FAIRFAX as Deed Book/Instrument # 17705 AT PAGE 2027, the undersigned appointed Substitute Trustee will offer for sale at public auction in the COUNTY OF FAIRFAX, on the courthouse steps at the front of the Circuit Court building for the County of Fairfax located at 4110 Chain Bridge Road, Fairfax, Virginia on January 30, 2007 at 11:30 AM, the property with improvements to wit: APARTMENT NUMBERED 2061-12B, TYPE B-R, SOUTHGATE CONDOMINIUM, AS DESCRIBED IN THAT CERTAIN MASTER DEED ESTABLISHING A HORIZONTAL PROPERTY REGIME WITH ATTACHED PLATS DESIGNATING THE RELATIVE LOCATION AND IDENTIFICATION OF EACH APARTMENT RECORDED IN DEED BOOK 3912 AT PAGE 254, AMONG THE LAND RECORDS OF FAIRFAX COUNTY, VIRGINIA, AND ANY AMENDMENTS THERETO HEREAFTER RECORDED, AS PERMITTED BY PARAGRAPH F.9 OF THE SAID MASTER DEED. and described in the above Deed of Trust.

In my area (DC, Maryland), we have tax liens, so I guess that's why I mentioned them as opposed to tax deeds, whihc I beleive are the instrument in Delaware.

Remember, notes are sold every day in bundles of multiple millions of dollars, they are a standard financial instrument, just like government and corporate notes and bonds.The money comes when you buy a note at a DISCOUNT sufficient enough to earn you an ABOVE MARKET RETURN.