Mod-Fraud

Banking and financial industries received large sums, purportedly, to assist borrowers. So long as the "attempt" was made at a modification, then receipt of those funds (notice I say funds not "money") could be justified. The modifications worked mainly against borrowers as structured, which would ultimately lead to another default for most.

Most banking and financial institutions would only seek modifications, only because it was required of them to do so before they could foreclose on, or sale, the security interests. If they didn't an additional 90 days before foreclosure or sale was required to be allowed before they could proceed. So long as the attempt was made, foreclosure, or sale, could be had without a possible penalty (loss of modification funds, added expenses, etc.).

Angelo Trotter, in continual education of self, shares his research of coin, credit and circulation and how it relates to the current real property crisis from a lay man's perspective.

Category:

Nonprofits & Activism

Tags:

• mortgage crisis
• foreclosure defense
• rule of law
• Angelo Trotter
• loan modification
• fraud

[JeffCooper1]

Hey Angelo, I AM a laymen Attorney too, and have founded a non-for profit church in order to help people battle foreclosures and the issues you discuss in these video's. I have limed space comment here, I would like to correspond wit you and compare notes and experiences / ideas on approaching these lawsuits. You can email please at CAPSTONEMINISTRY@HOTMAIL.COM Also, it based on Mathew Chapter 21, read that and Holy Spirit will lead you to all Truth.