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BFCSA investigates fraud involving lenders, spruikers and financial planners worldwide.  Full Doc, Low Doc, No Doc loans, Lines of Credit and Buffer loans appear to be normal profit making financial products, however, these loans are set to implode within seven years.  For the past two decades, Ms Brailey, President of BFCSA (Inc), has been a tireless campaigner, championing the cause of older and low income people around the Globe who have fallen victim to banking and finance scams.  She has found that people of all ages are being targeted by Bankers offering faulty lending products. BFCSA warn that anyone who has signed up for one of these financial products, is in grave danger of losing their home.


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BFCSA reveals: Big 4 Mortgage Service Agreement

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 .......More Secret, shall I tell you?  Hmm?.....  a Big 4  ......... current mortgage service agreement I bring......

.........ask your bank if its sold your mortgage.......

"Indeed, there was fraud at every step of the mortgage process.
The big banks intentionally signed up borrowers with insufficient income and assets,
threw out the documentation because it would prove fraud,
racked up loan fees and received short-term payments before all of the new borrowers ran out of money,
and then laundered the bad loans into securitized instruments to sell to the suckers."


A mortgagee and a lender have intertwined rights that defy a clear separation of interests,
especially when such a purported separation relies on ambiguous contractual language.
The law generally understands that a mortgagee is not distinct from a lender: a mortgagee is
"[o]ne to whom property is mortgaged: the mortgage creditor, or lender.".
By statute, assignment of the mortgage carries with it the assignment of the debt.

 So the question posed

Has your bank have the legal  right to to take your property?...... or is it playing a shell game until its all too late for you?


 May the force be with you.........


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Guest Friday, 23 October 2020