A Thief Without a Gun

In today's mortgage crisis, there are a lot of things happening that "Joe Sixpack" does not understand and more importantly is never in case,granted the real story. There are hundreds of thousands of mean folks that have lost their homes in the foreclosure crisis. Yet, there are a small ration of home owners that have been in case,granted with the real answers and are still living in their homes and Not manufacture Payments while the banks scramble to comply with the directives of the courts.

What is it about today's mortgage emergency that the lenders and some in our government Do Not want you to know? There is a man by the name of Joe Lentz living in Boca Raton, Florida that has not made a payment to the bank for almost four years. Wow! Do you think that this will hit the front pages of the newspapers much less get news coverage from the media? Naw, not in a million years. But, Joe is only following the court's order.

Book Thief

Now, pay attentiveness and you will learn something that those in Power are holding from you. Let's start with some basics so that you can get the picture. Did you know that the Federal retain is Not a part of the Us Government? Did you know that the Federal retain is a conspiratorially owned bank that plainly controls our entire monetary system? How is that so? Well, that is written in history and it would take an entire book to elucidate it. I don't have the space in this article. But, anytime the Congress approves spending another billion dollars, where do you think that we get that money from?

A Thief Without a Gun

We absolutely cannot use our gold as an asset to back our loans anymore. We were taken off of the gold proper a few years ago. So, what does that mean to you, the mean guy? Nothing you say. Read on. When the Government approves more funding for their projects, they go to the Federal retain law and they in turn plainly Print More Money. I know, hard to form that out. But, every time the Fed prints more money, they lower the value of what has already been printed and in circulation. So, in simple language, lets say that on Monday you have ,000 in the bank. Now the Federal retain prints more money and at the end of the day, because there is more money in the system, your ,000 might be worth only ,900.00.

You see, they plainly print more money that puts us into more debt and by lowering the value of our money, we have to pay our national debt with paper money that continues to decrease in value. The plain simple fact that our monetary law is controlled by investor families from other countries and a few chosen New York banks now opens the door to what might be our existing financial crisis. A celebrated quote by "Meyer Rothschild" in the 1800's "Permit me to control the money of a nation and I care not who makes its laws".

Go to your study and look up the Rothschild family of international banking, They would control the monetary law of countries, incite them into going to war with each other and the family would Supply the money for both sides. Wow, what a history lesson. Everything is documented.

Now, how does all of this involve you with today's mortgage problem? You have to understand that the banks are allowed to go to the Federal retain with assets and borrow (credit) for their other banking needs. So, if a bank took your asset (mortgage note) and used it as collateral to borrow money, then your mortgage note would now be owned by person else. That person else would be the bank or group of investors that purchased asset based securities.

Here is where Wall St got into the deal. Today you are reading about the bailout of Fannie Mae, Freddie Mac, IndyMac Bank, Lehman Brothers and many other big financial institutions. Why? Well, the upper class of bankers were creative. They took your mortgage note after they acquired thousands of other mortgage notes and created an asset based trust. Now the value of this trust appealed to world wide investors because their venture was secured and insured.

In other words, your personel mortgage note was now the asset of this trust. The actual note was "sliced and diced" as reported in a up-to-date Wall St. Article. The value was marketed to world wide investors, But, their venture was a book entry. That's right. It became identification by a numerical code assigned to the investor. Who would know their name? Would this allow illegal cash to surface by purchasing investments in Us real estate? That is what was happening. Now, because of the greed of the banks and their wanting to generate products that mirrored the primary Fha stock of 3% down, they came out with what is referred to as a portfolio product. Many folks bought homes on what is referred to as a "liars loan". You plainly stated your earnings and combined with your good credit, you were given an 80/20 blended mortgage. That is 80% of the mortgage was the first mortgage and a second mortgage for 20% was in case,granted by the same lender.

Now, as the real estate shop was increasing in value, many homeowners thought that they were fantastic real estate investors and took out a line of reputation on the new equity to pay bills or buy "big boy's Toys". Once these zero interest or adjustable rate mortgages started to adjust, many people could not make the payments that had increased. So, when your house payment went from ,500 to ,500 you fell behind. Once that happened, your reputation card rates went sky high because of those folks having a clause in your agreement that allowed that. So, here you are with an increase in your short term debt from 8% to 32%. Now, the cost of those "big boy Toys" coupled with the increase in the mortgage payment created financial disaster.

At first, no one cared. But once the snowball grew in size, everybody started pointing fingers. Who was to blame? That request might be answered in a consolidate of years. This caused the eroding of real estate values and today we have thousands of vacant homes with no buyers. New home builders cannot sell new homes as long as this inventory is not reduced. How can it get reduced, now that lending standards have been tightened up? But I want to get back to what happened to your mortgage note.

In today's foreclosure arena, many foreclosure lawsuits are filed whereby the lender(plaintiff) straight through it's attorneys petitions the court to accept a Lost Note Affidavit or found New Loan Documents. Because the mean family does not have legal representation and they are getting close to self denial, they plainly give up. They pack up the Kids, clothes and go to a rental. Houses are left empty and being foreclosed on when in fact in a lot of cases the Plaintiff does not own the note.

There are many cases, and most recently in Ohio, Federal Judge Boykin dismissed a estimate of foreclosure cases and instructed the attorneys representing the lenders to "come back to my courtroom with the primary mortgage note or a certified copy". They cannot do this. Why? Because they would be committing fraud on the court. Didn't they ask the court to accept a lost note affidavit? How can you lose something that you never had? The true owner of the mortgage note is now a group of hundreds or thousands of investors and they are only known as a book entry.

So, what did the big boys instruct their attorneys to do? Seek approval for a lost note affidavit and Do Not find the primary note. So, in conclusion plainly go to your search engine and type in lost note affidavits and get a lesson.

A Thief Without a Gun

Panasonic Dishwasher Stick Umbrella