YOUR Home Loan is FRAUD !

Fractional Reserve Banking and Home Loan 'Securitisation' Explained VERY Simply for you......

Do you know, that under the guidelines of the Federal Reserve, The Reserve Bank, Most 'Rothchilds' owned and controlled centralised world banks, That the 'BANK' can lend up to 9 times the amount of their depositors' money.

In other words, if you deposit $100 into your bank...they can lend up to $900 out. Currently, in the US, the reserve ratio is 10:1 or 10%, and very similar here in Australia..... But How can that be ??? we hear you ask....

If YOU had $100 and 'lent' it to 9 other people and then tried collecting 'interest' and then ultimately the 'Principle' back from them ALL....YOU would be charged with FRAUD!!!!!!!

Watch these clips to learn more about it and exactly how YOU have been deceived !

This is an Australian Video on Home Loan Fraud by the Banks

These first 2 videos are posted on a great Australian site called Free Speech Australia. 

We would encourage you to join their site as well, and research all of their topics as they are right on the ball with their information.

WATCH THE VIDEOS AND SEE THE FRAUD EXPLAINED RIGHT HERE RIGHT NOW !!!!!

 Part 1

Part 2:

If you want to know MORE about just how the FRAUD occurs in the first place between the Banks and the Government, then please watch at least the first 26 minutes of this movie..... Zeitgeist II. The entire movie is an excellent place to start your Journey to Truth and awareness, but not essential to understanding this concept here.

The first part of it will make you fully aware of just how badly misled we have all been !

Banking TERMS  (Fraud) Explained 

NOW, just in case you banksters think that you have an exclusive right to this information and that it is NOT public domain, watch the first video. It is openly available on Google and in the possession of thousands of Australians, therefore it is.

1. “ASIC issues licensing relief (READ HERE) for Securitisation Vehicles” in bankers’ lingo means: The only way we can hide the existence of the Banks’ hidden Trust vehicle which does the “On-Selling” of the Slave’s promise to pay back the cooked up loan, is by keeping it outside of public awareness.

The public is gullible and  ignorant, but they are NOT dumb, so we better NOT show them, as only God knows what they would do if they found out en-masse.

Oh, and hang on, we also don’t pay tax for the laundered funds, let’s not forget that.

And of course, if a loan is covered under a Consumer Credit Code (READ HERE) then the Trust logically (as THE major party to the deal) would have to be licensed under said code as well. Hmm, doesn’t THIS fact alone make all loans illegal because of Misleading Conduct?

2. “..the borrowers will NOT be notified of the title transfer” in bankers’ lingo means: The borrowers will NOT be notified of the title transfer. Get it?

Then again, why would you need to know anyway that the bank never had a single cent to lend you and is operating inside a worldwide Matrix web of fiction, consisting of thousands of government departments and institutions established for the very purpose – Upholding the only thing most of YOU are interested in.

Apathy and Ignorance. Serves you right, you lazy slaves (NOT!).

3. …… “Will receive commissions” in bankers’ lingo means: Will receive Commissions. Did we miss anything in this definition?

  

4. …..”The Assets will be sold” in bankers’ lingo means: We have SOLD it, and NO LONGER OWN IT !!!!  Ok, that is probably too difficult to understand, how about: one glass of Lemonade = $2.50. Here is $2.50. Great thanks. Here is your lemonade. Transaction concluded. Titles transferred. See ya.

Now just for the benefit of the reader who still thinks that the lender is his friend helping him get into a totally inflated “property” of which the value is solely based on the whole Matrix of Private Reserve Bank (9 donkeys manipulating interest rates), Government (well paid cabals) and Jurisdiction (the low life leeches of society) Collusion, let us go slowly, step by step:

a) So called “Lender” (Fully Licensed under current Credit Regulations) advertises that they offer “Money” to loan..

b) Dumbass ignorant “Borrower” falls for it and gives them a signature, called “Promissory Note”

c) “Lender” has established a Trust (UNLICENSED) HIDDEN from the borrower which stays under the radar with the help of ASIC.

d) “Lender” SELLS the asset (i.e. YOUR MORTGAGE / Promissory Note) to their own trust. They are now paid IN FULL and don’t pay a single cent in tax for the income, your whole loan amount.

e) “Lender” Now cooks their books and turns the outstanding “LIABILITY TO YOU” for borrowing YOUR PROMISSORY NOTE into a “Loan” by blipping the digits across into a new debt account in your name.

f) “Lender” no longer owns anything and steps aside in the transaction, becoming the Manager, but APPEARS to remain your “Lender”

g) YOU are never informed of this cattle-trade.

h)  The Trust (Issuer) itself now onsells the asset again,after converting it into “Notes” and lists them on the stock exchange.

i) BUGGER! The Trust now also doesn’t have any real rights to claim anything! WHO THE HECK DOES? Third parties?

One thing is for sure. The original party who claims to be your “LENDER” after settlement has NO CLAIM anymore on anything.

ONE proper case of a serious class action WITH A JURY, and these crimes against humanity …. you finish that sentence (-:

5. ….Compensation for “breach of the Consumer Credit Code” in bankers’ lingo means: a small risk to take. We can live with that. As we have all the judges in our pocket, no case will ever get to the stage where somebody actually really looks at this.

… more bankers’ lingo: “And hey, us not telling that we are collecting SECRET COMMISSIONS really isn’t such a big thing. It was a mere small oversight, sorry about that. A bit harsh, calling that a BREACH of the Code.

NOW GET BACK IN LINE YOU SLAVE AND PAY YOUR FRICKIN MORTGAGE !

6. …..Originated by the Originator in bankers’ lingo means: you guessed it: “Originated by the Originator” 

7. ……“Will not be notified” in bankers’ lingo means: Shhhh… THAT ONE the slaves really must NOT know about, that is a very touchy point, one that will probably have us in HOT WATER.

  

8. ……The Originator in bankers’ lingo means: The Originator. Has that sunk in by now?

9. ……”The Seller” in bankers’ lingo means: Actually it means the Seller, but err, umm, arhg, we never SELL your loans, so let’s not talk about that one, can we move to the next question your honour? 

  

10. ……”Twist like a snake” in bankers’ lingo means: STOOOPP please stoopp. This is SOO uncomfortable, how many more times do you have to repeat it?

OK we admit it.

- We steal your promissory notes

- We have NO MONEY to lend. In fact YOU are the lender in the deal.

- We have had a good run and think we are the cleverest white collar crooks on this planet.

- And yes, you have seen through it........ But So WHAT????

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This Explanation below is from an American Author, but the premis is still Very similar here in Australia regarding how a 'Loan' is securitised, as noted in the videos above. If this topic interests you, please read on.

The Game of Greed

Under the Fractional Reserve System, a bank can lend up to 9 times the face value of their depositors' money or cash reserves, so Instead of receiving 2.5 timesover 30 years for a loan, banks suddenly realized that they could make even more money if they sold the loan and received the CASH NOW.

So, from that $100,000 loan, they receive $150,000 cash.

This is treated as a deposit, which means they can now lend out $1.35 million (9 times $150,000). And do it again, and again. Lather, rinse and repeat. (This is really good for the bank.

This is really good for borrowers as there is a sudden glut of unlimited money to borrow from. This is really bad for the economy in the long run, as we will see.)

If you study basic Economics 101 in high school, you will know that if you have too much money chasing limited goods, it leads to an increase in prices. Well, this is exactly what happened.

The banks threw their underwriting guidelines out the window. They had what's called a fiduciary responsibility to ensure that the loans were properly underwritten. This means that they were supposed to make sure loans they underwrote are backed by people who could actually afford to pay it back. Instead, they just ignored these underwriting guidelines in the name of greed.

The banks knew that these loans were destined for Wall Street, and the ASX here, and that they were not going to keep the loans...so it suddenly became a game of hot potato, as "it became someone else’s problem."

They basically stuck it to Wall Street and numerous players on the ASX here.

This means they stuck it to your retirement fund, your stock portfolio and your life insurance portfolio.

It was the perfect set up for the biggest financial meltdown in the history of mankind. It was the perfect storm.

Before we go into the financial meltdown of 2008-2009, let's talk about the Securitization process and how it relates to your loan and bank fraud.

Fractional Reserve Banking Explained in more detail

Under the guidelines of the Federal Reserve, and Reserve Bank a bank can lend up to 9 times the amount of their depositors' money. In other words,  and as stated above, if you deposit $100 into your bank...they can lend up to $900 out, even though that 'Money' doesn't actually even exist. Its known as a FIAT currency.

Stage 1: The Pooling and Servicing Agreement Process (American Process, but very similar to Australian Securitisation Procedures)

Once a loan is closed by the bank, with you agreeing to give them your "promissory Note' (your signature promising to pay the loan each month)it quickly gets put into a Pooling and Servicing Agreement.

This is then registered on the SEC as a REMIC Trust. REMIC stands for Real Estate Mortgage Investment Conduit. It is known as a Special Purpose Vehicle for the purpose of tax exemption purposes, and in Australia they get special dispensation for having to comply with lending guidelines from the ASIC.

I will explain why this is important in Stage 3.

They appoint a master servicer of the REMIC and a Trustee to manage the Trust. Normally, the Trustee of the Trust has the power and responsibility to administer the assets of the Trust.

For example, back in the Feudal Lord days, these Lords would create Trusts to put their assets (such as their land, their castle, and so on) into. In the event something happened to the Lord, the Trustee had the power to manage the estate/trust.

However, in the case of a REMIC, the Trustee does not have the power to manage the assets of the Trust. We will discuss in Stage 3 how this is different.

Once this REMIC is formed, it then gets converted into a security that is traded on Wall Street or the ASX. This will make more sense later when I explain the relationship between an investor, a shareholder and a REMIC.

Stage 2: The Changing of the State of the Negotiable Instrument

Imagine your loan is a carrot. It gets thrown with thousands of other carrots in a giant juicing machine called a REMIC. At the end of the process, you get gallons and gallons of carrot juice. This juice is then sold to hundreds of people.

This is what happens to your loan when it gets securitized. Your loan is now owned by thousands of shareholders all over the world.

Furthermore, the state of the loan is changed. Your loan has been converted into a stock.

This is REALLY, REALLY important. Please spend a moment to understand this. Re-read this section several times if you need to.

As Your loan is no more. It is now and forever a stock.

In other words, you cannot make a carrot from carrot juice. What’s done can never be undone.

Once a loan has been securitized, it forever loses its security (i.e., the Deed of Trust, or the ability for the bank to foreclose on your house). This will be explained in Stage 3.

This is why I say that over 85% of foreclosures are done fraudulently.

A loan is a negotiable instrument. There are specific laws governing negotiable instruments called the Uniform Commercial Code. Specifically, the right for a bank to enforce and foreclose on a property is subject to the claimant being a real party in interest.

If the loan has been sold, then the bank can no longer claim that they are a real party in interest.

Not only that, once a loan has been converted into a stock, it is no longer a loan. If both the loan and the stock exist at the same time, that is known as double dipping. Double dipping is a form of securities fraud.

A negotiable instrument can only be in one of two states when it undergoes securitization, not both at the same time. It can either be a loan (and treated and governed as such) or a stock (and treated and governed as such).

Once it is traded as a stock, it is forever a stock. It is treated as a stock and regulated by the SEC as a stock.

On your Deed of Trust or Mortgage, it has language that says something like "This Deed of Trust secures a Promissory Note."

Listen, when that promissory note got converted into a stock...that promissory note no longer exists.

If a Trust was created to secure a promissory note, and that promissory note is destroyed...then that Trust is invalid. The Trust secures nothing.

The Deed of Trust is what your lender uses to give them the right to foreclose on your house. If the Deed of Trust is invalid, then the lender loses their right to foreclose on your home.

Stage 3: Real Parties of Interest

Let's talk about accounting rules, specifically the rule governing a sale. To prevent accounting fraud, various governing bodies created Financial Accounting Standards (FAS). As you know, accounting is a very important area that needs to be regulated tightly to prevent companies from cooking the books.

Specifically, FAS 140 was created to govern the sale and securitization of a negotiable instrument. Look it up. Google FAS 140.(American reference)

One of the things about FAS 140 is the rule governing a sale. A transaction can only be recognized as a sale if it is sold to a party at arm's length. In other words, you cannot sell an asset to yourself (this is what Enron did to hide their losses). Also, it says, (and I am paraphrasing) that once an asset is sold, the seller forever loses the ability to control the asset.

To illustrate this point, imagine if I were to sell you a brand new laptop. You took the laptop, and smashed it to a million bits with a sledgehammer. Because I sold the laptop to you, I have no say whatsoever about what you do with the laptop. It is yours.

This is really important to understand.

Once an asset has been sold, the seller forever loses control of the asset.

What that means is, if your lender sold your loan to a REMIC, then they forever lose their ability to enforce, control or otherwise foreclose on your property. Put simply, they are no longer the real party in interest. They are just a servicer. 

 There are HUNDREDS of videos and clips and documents all collated for you to research and educate yourself on this and many many other TRUTH topics on our website. Its TOTALLY FREE to Join and become a member, so please logon and find out how you can extricate yourself and your family from this corporate FRAUD and involuntary enslavement !

YOUR Home Loan is FRAUD !: