The Top Twelve Reasons Why You Should Hate the Mortgage Settlement
As readers may know by now, 49 of 50 states have agreed to join the so-called mortgage settlement, with Oklahoma the lone refusenik. Although the fine points are still being hammered out, various news outlets (New York Times, Financial Times, Wall Street Journal) have details, with Dave Dayen’s overview at Firedoglake the best thus far.
The Wall Street Journal is also reporting that the SEC is about to launch some securities litigation against major banks. Since the statue of limitations has already run out on securities filings more than five years old, this means they’ll clip the banks for some of the very last (and dreckiest) deals they shoved out the door before the subprime market gave up the ghost.
The various news services are touting this pact at the biggest multi-state settlement since the tobacco deal in 1998. While narrowly accurate, this deal is bush league by comparison even though the underlying abuses in both cases have had devastating consequences.
The tobacco agreement was pegged as being worth nearly $250 billion over the first 25 years. Adjust that for inflation, and the disparity is even bigger. That shows you the difference in outcomes between a case where the prosecutors have solid evidence backing their charges, versus one where everyone know a lot of bad stuff happened, but no one has come close to marshaling the evidence.
The mortgage settlement terms have not been released, but more of the details have been leaked:
Rest here…
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Bernake is on the tube right now talking about turning foreclosures into rentals. We bought a house to get away from rotten landloeds who refuse to fix their property and refuse to retirn security deposits. Who gonna shovel snow, clean gutter, fix the water heater when it goes out, mow the lawn, ect. I had no contract with Countrywide/BofA and they will get this house over my dead body!!!
Ali,
This was the plan all along. It works to the government’s benefit in so many different ways. Not only did they make many many times over the actual amount of the loan; they will retake the homes; write off losses; rent them out; depreciate them and then resell them. We, those of us that did own homes that are now renters, will be paying alot more out to our favorite relative; uncle sam, therein, comes the tax increase the made you believe they were not imposing. When you study the whole dynamics of the scheme; it was ingenius. However, we are and will continue to pay the price dearly.
Its all PAYOLA..TO THE POLITICAL TRAITORS, THEIR MINIONS AND COHORTS FOR THE BENEFIT OF THEIR CRIMINAL FRIENDS…..
IN CHICAGO IT HAS A NAME…PAY TO PLAY…IT IS ALL REALLY BEING DONE FOR THE BENEFIT OF THE OLIGARCHS AND THE PLUTOCRATS..
THE SO CALLED MONEYED ELITE…..
WHO HIDE BEHIND THE SCENES….
IT HAS BEEN DESCRIBED AS AN ONION…
THERE ARE MANY, MANY LAYERS TO PEEL BACK THAT WOULD REVEAL THE TRUE CRIMINAL MASTERMINDS OF THE BIGGEST SWINDLE OF OUR WEALTH IN HISTORY…
IT IS ALL CLEVERLY HIDDEN..
AND FRONTED BY THE POLITICIANS…
THE CRIMINAL FRIENDS OF THE MONEYED ELITE CRIMINALS…..
ALL OF THESE LAYERS ARE A CLEVER DISTRACTION…A R– USE ….
ILLEGALLY RECONVEYING AND REDIRECTING THE MASSES TO THE BIT PLAYERS…AND AWAY FROM THE WIZARDS HIDING BEHIND THE CURTAIN…
THE VATICAN/JESUIT/ROTHSCHILDS….THE HEAD OF THE MARK OF THECBEAST…
THE REAL OWNERS OF THE BIGGEST SWINDLE AND HEIST OF OUR WEALTH IN HISTORY…
THE FED RESERVE BANK IS THE REAL CULPRIT…
THE HEAD OF THE BEAST…
IN AMERICA..
THE FEDERAL RESERVE IS A
A PRIVATE BANK…THAT LENDS NONE OF THEIR OWN MONEY…THEY AIM TO DECEIVE….AND PLUNDER…..AND CREATE DEBT FOR MANKIND FROM THIN AIR…
ALL OWNED AND CONTROLLED VIA POLITICAL TRAITOR PUPPETS OF THE MONEYED ELITE..
THE PEOPLE MUST OCCUPY THEIR STOLEN HOMES AND BUSINESSES…STAND UP TO THE LIARS AND DECEIVERS…WHO NEVER LENT ANYONE ANY OF THEIR OWN$$$$$$$….LETS NOT BE A NATION OF VICTIMS!! THATS WHAT THEY WANT!!! THE PEOPLE MUST STAND UP FOR THEIR RIGHTS THAT HAVE BEEN AFFORDED TO THEM UNDER THE U.S. CONSTITUTION AND THE LAWS OF THE LAND….! THE AMERICAN PEOPLE HAVE TO WAKE UP…AND STOP BELIEVING THEIR LIES…..AMERICA IS OUR HO– USE…AND WE THE PEOPLE ARE WHO PAID FOR IT!!! THE PEOPLE NEED TO ASK…WHERES THE RECEIPTS THAT SAY THEY PAID FOR ANYTHING…OR OFF WITH THEIR HEADS!!! WAKE UP AMERICA…THESE CRIMINAL IMPOSTERS ARE STEALING YOUR HOMES , BUSINESSES, LIVELIHOODS, WEALTH AND HOMES UNDER THE GUISE OF BIG LIES….THEY NEVER LENT ANYONE ANY OF THEIR OWN MONEY!!! THIS IS TRULY A MONEYED ELITE HITLER PLAN TO STEAL IT ALL FOR THEMSELVES…THEY HAVE HIJACKED US…BUT THEY DO NOT OWN US, OUR HOMES, OUR LAND, OUR GOLD, OUR PRECIOUS METAL, OUR BIRTH CERTIFICATES OR OUR WEALTH….THEY STOLE IT ALL…UNDER THE GUISE OF BIG LIES AND DECEPTIONS…THAT TOO MANY PEOPLE ARE TO THIS DAY…TOO WILLING TO BELIEVE …THAT WE OWE THE FED MONEY!!! WE DONT!!
GO TO THE MERS WEBSITE AND SEARCH FOR YOUR FRAUDULENTLY INDUCED LOAN…MERS CLEARLY STATES…FANNIE MAE IS AN INVESTOR..THAT STATEMENT IN ITSELF IS AN OMMISSION OF A CRIMINAL ACT……AND THE NAME OF THE SERVICER OF THE FRAUD…PROOF…THEY DO NOT OWN YOUR LOAN….AND THEY NEVER LENT YOU ANY $$$$$$..ITS ALL A SCAM…A BIG SWINDLE…A FRAUD…A BIG LIE!!!
People can only recognize the BIG LIES and DECEPTIONS if they know the TRUTH.. Only then will they see the opposite of what is being spoken to the masses is true..The FED….THEIR BANKS AND FINANCIAL INSTITUTIONS ARE CRIMINAL IMPOSTERS…WHO NEVER LEND ANY OF THEIR OWN $$$$… AND IF THEY DO…WE THE PEOPLE WANT TO SEE THE RECEIPTS THAT PROVE THEY LENT US ANY MONEY..PROOF…A PAPER TRAIL….OTHERWISE…WE THE PEOPLE WANT ALL OF OUR STOLEN WEALTH RETURNED…AND ALL CRIMINAL IMPOSTERS AND TRAITORS MUST BE HELD ACCOUNTABLE…! PAST AND PRESENT…DEAD OR ALIVE….WE THE PEOPLE HAVE A LEGAL RIGHT TO KNOW WHO THE TRAITORS TO AMERICA ARE…. BECA– USE WE PAY TAXES….AND THEREFORE WE THE PEOPLE ARE WHO PAY FOR AND FUND EVERYTHING THAT THESE CRIMINALS HAVE DONE AND CONTINUE TO DO..
THE TRUTH IS SLOWLY BEING REVEALED …..THE FED IS A SHAM AND A FRAUD…THEY HAVE NO RECEIPTS..NO PAPER TRAIL THAT PROVES THEY PAID FOR AND THEREFORE OWN ANYTHING…THE TRUTH IS….WE THE PEOPLE PAY FOR AND FUND EVERYTHING…AND ALWAYS HAVE…THEREFORE WE THE PEOPLE WANT OUR STOLEN WEALTH, OUR GOLD, OUR PRECIOUS METALS, OUR LAND, OUR HOMES, OUR INVESTMENTS, OUR BIRTH CERTICATES RETURNED…RIGHT NOW..!…AND ALL CRIMINAL IMPOSTERS AND POLITICAL TRAITORS IN CONGRESS AND THE SENATE…PAST AND PRESENT..HELD ACCOUNTABLE…BECA– USE WE THE PEOPLE ARE WHO PAY FOR AND FUND EVERYTHING..WE THE PEOPLE OWN THIS PLACE AKA THE UNITED STATES OF AMERICA…A TRULY FREE AND SOVEREIGN NATION OF PEOPLE WHO OWE NO ONE ANY MONEY…..AMERICA IS THE WEALTHIEST NATION ON THE PLANET WHO HAS BEEN ROBBED BY MANY BIG LIES AND DECEPTIONS…ALL UNDER THE GUISE OF INTERMINGLED DEBT …..WHICH IS NOT OUR DEBT…AKA…THE GLOBALIZATION SCAM…THE MONEYED ELITE CREATE DEBT FROM FRAUD…SPREAD THEIR DEBT BOMBS ALL CREATED FROM FRAUD… AROUND THE GLOBE….AND HIDE THEIR FRAUD IN THEIR SHADOW…ELECTRONIC BANK…AND HIDE BEHIND THE SCENES OF ALL OF THEIR MANUFACTURED DEBT AND DESTRUCTIONS AND BLAME THE VICTIMS TGEY, THEMSELVES CREATED..THIS MASSIVE FRAUD HAS BEEN WELL DOCUMENTED AND PROVEN THROUGHOUT HISTORY….WE THE PEOPLE RHEREFORE WANT RECEIPTS….PROOF OF A PAPERR TRAIL THAT SAYS THEY LENT US $$$$ OR WE WANT OUR STOLEN WEALTH RETURNED…THE FED REMOVED…AND ALL TRAITORS AND CRIMINAL IMPOSTERS HELD ACCOUNTABLE!!! OR…OFF WITH THEIR HEADS!!!
This is for Kelly, ARE YOU CRAZY? I have spent the last 3 yrs plus trying to work this out with no help. The OCC sided w/ BofA, I appealed, they sided with them again. Fuck the OCC and quite frankly Kelly fuck you too. Go ahead turn your deed in to to someone who doesn’t evev own your loan. I can tell you haven’t been around very much if thats your solution.
Ali…I asked the criminal IMPOSTERS …the fake debt collector..What do you want? The fraudster replied…WE WANT YOUR DEED!!! I TOLD HIM…WELL, THAT IS GOING TO COST YOU NOT ONLY ALOT OF MONEY….BUT POSSIBLE HARD PRISON TIME…..SO YOU MAY WANT TO CONSIDER A SATISFACTION OF MORTGAGE…TO ME, THE REAL OWNER OF THE PLACE…AND PUT YOUR CRIMINAL TAIL..RIGHT BACK BETWEEN YOUR LEGS..WHERE IT BELONGS!
IN OTHERWORDS…SHOW ME THE RECEIPTS..THATS RIGHT …YOU CANT…BECA– USE YOU ARE A BAND OF CRIMINAL IMPOSTERS WHO STEAL UNDER THE GUISE OF MONEY LENDING…..WHEN YOU DONT LEND ANYTHING AT ALL!! SO YOU BETTER GET THE HELL OUT OF DODGE…BECA– USE WE THE PEOPLE ARE THE REAL OWNERS OF THIS FUCKING PLACE…WE PAY FOR AND FUND EVERYTHING THAT YOU CROOKS DO…AND WE ARE ALL HEAVILY ARMED AND DANGEROUS…AND WE KNOW WHO ALL OF YOU CRIMINAL IMPOSTERS AND POLITICAL TRAITORS ARE!! SO YOU BETTER BEAT IT!!
Honestly I think the best thing may be to turn our deeds in. Imagine, Knock, Knock who is there and millions 1 x1 hand their deeds over….
I SAY…..WHAT?? GIVE THE CROOKS WHAT THEY WANT..OUR DEEDS?? FUCK NO!! NATIONWIDE FRAUDULENTLY INDUCED MORTGAGE, NOTE, AND CREDIT BURNING PARTY!!! BURN THEIR FRAUD..AND BURN THEIR MICROCHIP RIGHT ALONG WITH IT…..BE FECKLESS….SCREW THEM…LIFES TO SHORT TO BE THEIR FRAUDULENTLY INDUCED DEBT SLAVES…!!WAKE UP..THEY ARE STEALING YOUR COUNTRY AND YOUR FREEDOM…AND THEY NEVER LENT YOU ANY MONEY… WE DONT OWE THEM SHIT. WTF??? TELL THEM ALL TO KISS OUR ASSES…BURN THEIR DEBT FRAUD…THEN GO HOME AND FRAME AND PROUDLY HANG YOUR DEED…STAMPED PAID…BY YOU…THE U.S. TAXPAYER!! DONT BE A SHEEPLE..THATS WHAT THEY WANT STUPID IDIOTS AND OUR DEEDS!!
THE ABOVE POST IS FOR KELLY…SO YOU WANT TO BE A COWARD AND GIVE THESE CROOKS YOUR DEED TO YOUR HOME….THAT YOU PAID FOR??? YOU WANT TO .THROW UP THE WHITE FLAG….AND SURRENDER….AND GIVE THEM EXACTLY WHAT THEY WANT…..YOUR DEED????!!! OR DO YOU WORK FOR THE UNFEDERAL RESERVE?? DID THEY GIVE YOU A FREE HO– USE…COURTESY OF THE U.S. TAXPAYERS…?????..OTHERWISE..YOU BETTER WAKE UP!! THE MICROCHIP FRAUDULENTLY INDUCED DEBT GAS CHAMBER AWAITS YOU!!!
KELLY…Are they planning on sending the mothership for you guys or what?? I hope so, for your sakes and the sake of mankind!!!
Honestly Kelly…do you really think we are all that stupid?? HAND OVER OUR DEEDS?? GET A CLUE OR GET OFF THE PLANET!!! THE U.S. TAXPAYERS ARE ARMED AND PISSED AND WE KNOW WHO THE TRAITORS ARE! YOU STUPID BITCH!
WE THE PEOPLE WILL HAND OVER OUR DEEDS WHEN HELL FREEZES OVER…!
Does the Nevada constitution at section 3 of article 9 call for a legislative review of any treaty that the executive enters? http://www.leg.state.nv.us/const/nvconst.html#Art9
Okay, time to start an underground organization ladies – “the Nest” – for some reason it is predominantly women fighting this fight – perhaps it’s because women are the protectors of the nest – lion’s dens – cub caves – wherever souls that are under our care are kept we fight to protect and defend with our claws out sharp – we seem to understand the inherent gravity of all of this – but these goofy guys are clueless – I read the servicing standards – it says NOTHING about removal or implications involving MERS; nothing about demands that they have lawful standing and authority to begin with; nothing about proof of claims; nothing about accounting for the NPV now vs what it was when we started this war – things have to be comparative to the time they occurred and not based on ‘now’ – we responsibly attempted to get someone legitimate to the table – but no one showed – what has occurred is nothing more than state’s seeing a away to fix their budgetary issues with a quick fix – but where will these states keep those millions – in what financial institution? will they get a ‘check’ line of credit – what / how is it to be given to the states – and why would AG’s offices be taken care of first when the priority should be to establish legal centers in every county with attorneys capable of handling these matters FIRST then worry about AG’s offices – they have basically found away to fix some state budget issues – but rewarded and premised on the battles we homeowners have fought – they are taking our fights and making money off our efforts and ignoring what we have been up against for now years – I think a civil suit is in order to put a hold on those sums and not touched until they have an accurate accounting and ‘head’ count of all of us – I fail to see any our name’s included – so how are we to be ‘involved’ when it was our plights and battles they enabled them to profit in the first place – and they hand out a pittance of $2K I spent 10 x that in legal research, costs, etc. . . . I give up.
We are located in Southern California and planning a gathering on the 15th Of February…we are Mad As Hell and we need to do something more than suing these banksters…
If anyone reading this post is loacted closeby and want to discuss a plan with other “LIKE THINKING PEOPLE”…please consider joining us? It will be our first so much direction will be needed! Get the Mom’s involved here…can we please? The Grandma’s and Grandpa’s…the kids and grandkids….that’s us…
We need a headcount so if you would like more information on place, LAX, and details, email me at elyse@gte.net
We’re Mad As Hell….and ready to do something meaningful!! And BIG!!
Please join us if you can?
Papergate
A woman’s underground..I like it. We are the carrier of a new life. We are a quiet strength beside a partner. We are a fierce protector. We are teachers and leaders. We are a nurturer. We use our brains before bronze. We are the best multitaskers, not by choice but by necessity. We are the stabalizer. We love, we give, we help and we are strong and our stregth must never be underestimated. These are the powers of a woman. We must find a way together…we just must. Let us all pray that we will find the strength and guidance to the right path.
This was all decided long ago. Tears roll down my checks and hit the keyboard as I type. It is a sad day, indeed, for the 99%. I began my litigation with BoA over a year ago. It is interesting that the attorney representing them against my adversary suit told me during our first conversation they would offer me $2,000 to give them the keys and get on with my life. It is funny how this figure has popped up many times in different posts and news articles, always $2,000 or thereabouts. That, my friends, is not coincidence! This will do absolutely nothing to stop the bleeding of the real estate market nor will it help anyone in any way shape or form. Although I guess their mentatlity is that $2,000 will buy you a nice tent, coleman stove and some good quality sleeping bags. The realty of it is that it is insulting and ridicule of anyone with even an average intelligence. They have just formally cleared the way to grab as many homes as quickly as possible for as cheaply as possible and turn them in to money making corporations for those on the “in”. The municipalities will recoup so bucks to keep operating in the black now; that is what they got. Hey there might even be room in the AG’s budgets now to give themselves a nice raise! There no longer exists a government “by the people for the people”, it is a government cartel that takes from its 99% and gives to the wealthy so they get wealthier. Ain’t life grand!
Unbelievable!!!!
Who is fighting for us? With the millions of homeowners under attack, who is sitting at the settlement table with these theiving banks? Where is our protectors?
Did NY and CA cave in yesterday?
I am just sitting here in shock! If this is actually happening with no stopping it…We just hit bottom and WE’RE SCREWED!!!!
Italy? Here I came!
We are our own protectors! This is far from over!