November 19, 2014
Illegal Mortgage Securitization - Did Banks Gamble Your Home & Distort Chain of Title?
By Robert Smith | Red Pill Reports
The future of everything America holds dear is at stake. Has your home been stolen?
Image credit: © Ralf Roletschek [GFDL or CC-BY-SA-3.0-2.5-2.0-1.0], via Wikimedia Commons
(RedPillReports) During the Banker Bailout of 2008 the financial centers of power came under examination. The deceptive and illegal practice of mortgage securitization was brought to light and showed the banking industry’s willingness to distort chain of title involving property ownership and gamble with America’s most cherished possession—their homes. Groundbreaking evidence has now appeared which begs the question of just how deep the rabbit hole goes and quite frankly might make the Watergate scandal look trivial. Through a secret shell game, played with proceeds derived from mortgage manipulation, underground “black funds” seem to have been created and used to fund terrorism throughout the world. To the point…the very extremists killing our soldiers and beheading Americans overseas might have been funded by money funneled from the MERS-created mortgage securities sold on Wall Street by some of the largest banks in the world. Greg Morse and Scott Bennett have followed the breadcrumbs and now ask for your attention.
It doesn’t take a whole lot of research to create a scenario in your mind where this is possible. Banks laundering money for criminal elements are hardly something new. More often than they care to admit the banking industry has been caught laundering large sums of drug money. HSBC even paid a billion dollar fine because of it.
Traditionally, and by law, banks who loan money to home buyers are required to track all transactions involving an interest in the home through the County Recorder. This process ensures proper accounting and allows everyone to have confidence in the property ownership records of the country. Because of the freedom to act without the oversight of the publicly elected County Recorder, MERS (Mortgage Electronic Registration System) allowed the banks to separate the note from the property itself. Instead of being registered with the public record they were now recorded by the banks themselves. The proverbial fox guarding the hen house.
They were then able to turn the “notes” into financial instruments traded and leveraged on the stock market beyond the ability of the average homeowner to envision. By derivatives and insurance and securitization a $100,000.00 home mortgage could be worth well over a million dollars. Furthermore, anytime a homeowner defaulted on payments complicated insurance plans were activated and allowed the banks to cash in. Every mortgage was paid whether the homeowner made a payment or not. It was brilliant. Why do you think banks gave anybody with a pulse a loan in the early 2000’s? They made money either way. Up or down, foreclosure or no foreclosure, banks won at America’s expense. The mortgage notes were just a piece of paper to be toyed with. It didn’t matter who got hurt by the practice or its questionable legality.
The large sums of money generated by these complicated schemes created huge pools. Plenty of money hush-money to go around and keep the wheels greased and the carousel spinning.There is no question proper accounting would make us look at the foreclosure crisis in a whole new light. Why have homeowners been ripped out of their houses when banks have suffered no financial loss and where did all the money go the banks made cheating America?
The work of Greg Morse and Scott Bennett seem to show a significant portion of this money was used to fund off the record activities.Some of them being to spread unrest through violence and topple governments. Laundering drug money, wrecking chains of title, defrauding investors and homeowners alike…it has all been proven in court many times over and there is a good chance the bank you deposit your paycheck and got your home loan from have paid billions in fines to settle these type of suits. Banks funding the very foreign gangs our soldiers have died for is sickening. Although Greg and Scott’s work is the most complete and provable case proving the link between terrorism, the banks and your mortgage, it is not the first. The families of several American soldiers have seen a link and sued because of it.
While Scott was chasing the end result of the accounts Greg was tracking down the beginning of the mortgage fraud. How banks got from your home purchase to Wall Street. Greg was able to prove how the chain of title has been broken. This means you can make your last payment on your house and still not have a clear title to home ownership. It is a sentence to a lifetime of indentured servitude by stealing what rightly belongs to you without you even knowing it.
In the early 1800’s Thomas Jefferson and John Adams warned the American People about the dangers of central banks. Most of the Founding Fathers understood the natural progression of power an unchecked banking industry captures as time goes by. Our ignorance of these issues has proven to be harmful to our way of life. The economic upheaval we have seen has served to benefit the very interests who claimed to be the most damaged—the banks. Greg and Scott have evidence proving the cries for a bailout in 2008 were a scam and another example of our Founder’s most dire warnings.
“All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation.” John Adams
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies...” Thomas Jefferson
Greg Morse and Scott Bennett have suffered greatly to uncover the truth. They are risking everything by being so bold. They deserve and need support. Greg’s website, http://saveourfamilyandhome.com/ is a storehouse of information. He implores each one of you to find out if your own mortgage may have been compromised by going to "Learn If Your Mortgage Is Compromised". Their great plan is to force a Congressional hearing on the matter. To this point their effort to alert politicians, DA’s and Media have largely been ignored. The silence on the subject shows the extent of the banking control in this country. What they are calling for is an authentic uprising from the People through a petition. Greg Morse and Scott Bennett have suffered greatly for this cause and they will not rest until they are able to wheel the trunks full of court-ready documents through the halls of Congress and reveal what they have found.