I have a process with securitizing mortgages unless a central, “final word” system, such as DTC is established. And that could become an extremely complicated and long-term project, given the messy web of different property ownership tracking systems in different states, counties, and municipalities. E.g. many municipalities do not have a computerized database of properties and property owners, most because they don’t want to spend the money and are sleepy little towns or counties. And trying to convince every state/municipality to participate in a national DTC-type system, which would have the final word as to owners of record, mortgage-holders, etc. would make herding cats look easy — they don’t want to give up that control.
That was supposed to read “I have a PROBLEM”