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Wow! You don't have to have missed a payment now for the banks to STEAL your property! They are doing it through "Appraisals"!

 
Anonymous Coward
User ID: 12938566
United States
10/28/2012 01:44 AM
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Re: Wow! You don't have to have missed a payment now for the banks to STEAL your property! They are doing it through "Appraisals"!
The banks figure people under water on their martgages are
probably going to walk anyway, so the banks are trying to get what they can now. If this is really going on, it
probably indicates the banks don't see any recovery in home values anytime soon, hence homeowners walking away from mortgages. Banks make much more from mortgage payments than through holding real estate.
 Quoting: Anonymous Coward 1593102


I'm sure it has a ton to do with QE3 and how the FED reserve is buying these mortgages at 100% compared to the possibility of them not paying later and the bank losing their asses! Screw the bank, my house and most of my loans are through a credit union
Anonymous Coward
User ID: 12938566
United States
10/28/2012 02:42 AM
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Re: Wow! You don't have to have missed a payment now for the banks to STEAL your property! They are doing it through "Appraisals"!
I keep telling you guys the reason for something like this.
It's called "Loss Carry Forwards" where "C" corps carry this line on their ledgers and "S" Corps carry these on the passthroughs to the CEO's and Owners with their K-1 long tax forms.
If a bank or any financial institution needs losses to offset gains so they wont have to pay taxes, why wouldnt they call in your loan. These loss carry forwards are going to insure that large corporations and all financial institutions never pay taxes again in our lifetimes.

No matter how high Obammy raises taxes (Pay special attention to this line)

They are becoming a hot commodity (LCF's) and are worth .33 plus for each dollar of loss. Lets say company "A" is making all kinds of profits. They look into the market for a company "B" that has large losses "carried" on there balance sheets. They aquire this company for pennies on the dollar, not for their business or sales but for the "Loss Carry Forwards". They then combine their Corporation with the new entity and walla they can write of any profits for as many years as it takes to depleat the accumulated losses. (Look at a company called "Tiger Direct - Systemax - CompUSA")

I am not an accountant but I play one on TV

WATCH !

You will more than likely see more and more of this especially if Bammy raises taxes on the elite that hold large corps and financial entities.

LCF's are the new lollypop to avoid taxes legally !
 Quoting: Anonymous Coward 25662194


Geez... hopefully one of these companies buy THQ! I'm losing my ass in their stock and they've shown losses each quarter - a lot of revenue and an incredibly low stock price, but... They need lcf they can go here and pay triple the stock price and still come out ahead. So many mismanaged companies out there, why not buy them?
Anonymous Coward
User ID: 22376064
United States
10/28/2012 08:02 AM
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Re: Wow! You don't have to have missed a payment now for the banks to STEAL your property! They are doing it through "Appraisals"!
This makes no sense. If a mortgage is not in default and the homeowner is making payments as stipulated in the contract, then it doesn't matter what the "value" of the property is.
 Quoting: Anonymous Coward 25720208


The Banks Appraisal is considers a new Offer...You may decline any new Offer.

Aside from that, Banks don't own the home because the Bank never loaned you anything to begin with. They used your credit to open your account that provides your own credit (value, in effect) to yourself, thru your signature so you can use the home, not own it. Banks are the Third Party Interlopers between the two Principals, You and the Treasury.

Demand the Bank "Produce the Note" or "Produce the Loan". They can never do it. No Loan, no payment.

Find out more.

World Freeman Society

[link to public.worldfreemansociety.org]
Anonymous Coward
User ID: 1183343
United States
10/28/2012 08:28 AM
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Re: Wow! You don't have to have missed a payment now for the banks to STEAL your property! They are doing it through "Appraisals"!
This is a bold face lie. If it were true then the MSM would be breaking in on every station every hour on the hour.
 Quoting: Gasman28110


Oh yeah, RIGHT!
NoSilence (OP)

User ID: 25909204
Mexico
10/28/2012 11:58 AM
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Re: Wow! You don't have to have missed a payment now for the banks to STEAL your property! They are doing it through "Appraisals"!
OP, your post is hitting home for me. Today, I received a letter from my mortgagor telling me I'm late by two months. I've never been late on anything.

Matter of fact, I'm paid up until december. They are claiming they haven't received any payments!

Someone is going to pay be bigtime. I've put a great deal of money into my home. Again, my bank statements are clear that I have paid on time, every time.

This is a mess and I just can't believe people are such money vampires.
 Quoting: Anonymous Coward 19490298




Call Kevin Clifford during working hours.. He'll give you free advice.. [link to www.mortgageendgame.com]

Also look for my post above on this thread.. KC radio show and audio archives on RBN..

Thanks for your comment....hf

"Knowledge is Power", and with that knowledge is safety, security and happiness.

Last Edited by NoSilence on 10/28/2012 03:15 PM
"In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot."
Mark Twain
Dr.DoomLittle

User ID: 6231580
United States
10/28/2012 12:04 PM
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Re: Wow! You don't have to have missed a payment now for the banks to STEAL your property! They are doing it through "Appraisals"!
The criminal banks are now stealing people's properties who have never been late on a payment! How? Through "appraisals"! They are requiring homeowners and commercial property owners have new appraisals. When those appraisals (in cohorts with the appraisers in getting them low) come back lower than the loan amount, at the property owners expense.

They give the property owner 30 days to pay the difference of loan to value of the property otherwise they take over the property and kick the owners out! They are doing it to homeowners and commercial property owners!

[link to sherriequestioningall.blogspot.mx]
 Quoting: NoSilence


another reason not to sell or buy real estate
NoSilence (OP)

User ID: 25909204
Mexico
10/28/2012 12:13 PM
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Re: Wow! You don't have to have missed a payment now for the banks to STEAL your property! They are doing it through "Appraisals"!
OP, your post is hitting home for me. Today, I received a letter from my mortgagor telling me I'm late by two months. I've never been late on anything.

Matter of fact, I'm paid up until december. They are claiming they haven't received any payments!

Someone is going to pay be bigtime. I've put a great deal of money into my home. Again, my bank statements are clear that I have paid on time, every time.

This is a mess and I just can't believe people are such money vampires.
 Quoting: Anonymous Coward 19490298




Call Kevin Clifford during working hours.. He'll give you free advice..

link to www.mortgageendgame.com Also look for my post above on this thread.. KC radio show and audio archives on RBN..

Thanks for your comment....hf

"Knowledge is Power", and with that knowledge is safety, security and happiness.
 Quoting: NoSilence


In the last decade there has been over 70 million mortgages transferred to MERS..(Mortgage Electronic Registration Systems) After thirty days of transfer your paper mortgage has been shredded..

Kevin Clifford has 11,000 pages of evidence and has filed RICO charges against the CEOs of MERS Corp.. The trial starts this Nov..

Kevin has a talk radio show at [link to republicbroadcasting.org]

MORTGAGE ENDGAME RADIO
Host(s): Kevin Clifford
Call In Number: 800-313-9443
Show Time: Monday - Friday 10:00 AM - 11:00 AM CST

Mortage EndGame Radio focuses on a variety of issues directly related to the mortgage crisis in this country with the main goal to educate and empower our listeners with factual and timely information. Much confusion and misunderstanding surrounds the true nature of why America is experiencing an epidemic of honest and hard-working people that are losing their homes at an increasing rate never before seen in the history of this country. There is much misinformation in the main-stream media that confuses the average homeowner regarding the causes of this epidemic. We understand that much of this information regarding the cause of the mortgage crisis is false and the true reasons for this collapse is not the honest people who have tried in earnest to pay their mortgages and bills, all the while being subjected to unknown forces and actions that the homeowners are unaware of. We will focus on what answers and remedies are available to us so that you can all make specific steps to save your home and land from an esoteric system that is determined to make us all renters for life. As the old saying goes, "Knowledge is Power", and with that knowledge is safety, security and happiness.
------------------------------------------
Here's his past audio archives.. 10-26-12 is Roby Noel sitting in for Kevin. You may want to disregard that day.

[link to www.republicbroadcasting.org]
"In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot."
Mark Twain
Dr.DoomLittle

User ID: 6231580
United States
10/28/2012 12:23 PM
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Re: Wow! You don't have to have missed a payment now for the banks to STEAL your property! They are doing it through "Appraisals"!
Arguably one of the most important in the NT. It's the one particular verse that I as an agnostic believe to be true; and the reason for his crucifixion. He went on record (let it be written) that he opposed the bankers creating money, usury, and aknowledge that it was a method of slavery; he incriminated them. Something to think about.

Technically, Jesus should have been stoned for the crime he was accused of doing. Crucifixion is an entirely different punishment; it implies a high profile "message" (JFK, 9/11) being sent by the moneychangers of the time.

Mathew 21:12


12 Jesus entered the temple courts and drove out all who were buying and selling there. He overturned the tables of the money changers and the benches of those selling doves. 13 “It is written,” he said to them, “‘My house will be called a house of prayer,’[a] but you are making it ‘a den of robbers.’”


Last Edited by Intergalactic Diplomat on 10/28/2012 12:28 PM
Horus
User ID: 25719731
Iceland
10/28/2012 12:42 PM
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Re: Wow! You don't have to have missed a payment now for the banks to STEAL your property! They are doing it through "Appraisals"!
Screw it, let's all go live in our cars or in a tent then the banks don't get squat.
 Quoting: Anonymous Coward 25788477


better, screw convention and let's all go squat in OUR banks...
banks own our cars and the property for raising tents on anyways.
occupying a bank stops it from living on us.
stops this leeching society causing bloodless misery of the masses.

"banks" are acquiring property in ways worse then in OP
by bailing them out we acquired them.
the race is about getting away with it:
hoarding of our property and our natural resources.

it's a stupid game
and all for naught.
powers so lame,
they all got caught.
soon(tm)
hf
Horus
User ID: 25719731
Iceland
10/28/2012 12:59 PM
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Re: Wow! You don't have to have missed a payment now for the banks to STEAL your property! They are doing it through "Appraisals"!
Arguably one of the most important in the NT. It's the one particular verse that I as an agnostic believe to be true; and the reason for his crucifixion. He went on record (let it be written) that he opposed the bankers creating money, usury, and aknowledge that it was a method of slavery; he incriminated them. Something to think about.

Technically, Jesus should have been stoned for the crime he was accused of doing. Crucifixion is an entirely different punishment; it implies a high profile "message" (JFK, 9/11) being sent by the moneychangers of the time.

Mathew 21:12


12 Jesus entered the temple courts and drove out all who were buying and selling there. He overturned the tables of the money changers and the benches of those selling doves. 13 “It is written,” he said to them, “‘My house will be called a house of prayer,’[a] but you are making it ‘a den of robbers.’”

 Quoting: Dr.DoomLittle


correct, and the system he rebelled against was the roman empire.

one seed gives profits by hundreds, even thousands.
with technology it takes less labor for every meal.
our life should be paradise on earth, if not for the enslavement
by forced scarcity as grounds for devious money lending schemes.

it's like the plundering by an effective war machine.
the war perpetual, our misery a renewable resource.
NoSilence (OP)

User ID: 25909204
Mexico
10/28/2012 02:04 PM
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Re: Wow! You don't have to have missed a payment now for the banks to STEAL your property! They are doing it through "Appraisals"!
This video discloses the shocking reality and truth about the massive Generational Control Fraud that has and is being used to destroy legal paperwork and, without their knowledge, transform residential mortgage borrowers into renters who then become involuntary indentured servants.



[link to www.youtube.com]
"In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot."
Mark Twain
Anonymous Coward
User ID: 19885179
United States
10/28/2012 02:23 PM
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Re: Wow! You don't have to have missed a payment now for the banks to STEAL your property! They are doing it through "Appraisals"!
This is a bold face lie. If it were true then the MSM would be breaking in on every station every hour on the hour.
 Quoting: Gasman28110


You really can't use that as a measuring stick for what's true or not anymore. The mainstream state-run propaganda is thick. It's now a rebuttable presumption that if the MSM does report on it, it or some part of it is bullshit.
ehecatl

User ID: 26160376
Mexico
10/29/2012 01:02 PM
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Re: Wow! You don't have to have missed a payment now for the banks to STEAL your property! They are doing it through "Appraisals"!
The criminal banks are now stealing people's properties who have never been late on a payment! How? Through "appraisals"! They are requiring homeowners and commercial property owners have new appraisals. When those appraisals (in cohorts with the appraisers in getting them low) come back lower than the loan amount, at the property owners expense.

They give the property owner 30 days to pay the difference of loan to value of the property otherwise they take over the property and kick the owners out! They are doing it to homeowners and commercial property owners!

[link to sherriequestioningall.blogspot.mx]
 Quoting: NoSilence


what about MEXICO..ITS MORE FAIR THERE...RIGHT?

with the 45 trillion dollar law suit now going to court..GAME ON!!
 Quoting: Gonviral


In general Mexico is WAAAAY better off than the US in this aspect because most people pay up front for real estate and do not have bank mortgages.

Whether by default or design, this tradition of paying outright for properties also prevents all the wild over inflation of property values from taking place.

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