Is US Bank Breaking the Law?

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Uploaded by on Jan 25, 2010

http://inflation.us/
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http://en.wikipedia.org/wiki/U.S._Bancorp
http://en.wikipedia.org/wiki/Truth_in_Lending_Act

Is US Bank a legal CA Corporation? - US Bank is not listed with the CA Secretary of State. Interesting that when naming US Bancorp in a lawsuit, US Bancorp pushes all lawsuits onto "US Bank" (which doesn't seem to be a legal entity)

Is American Serving Co. a legal entity? - We have not been able to find ANY Articles of Incorporation anywhere in the United States for this major US Bank servicing agent.

Did US Bank Verify Income on the Loans they Issued? - Did US Bank grant loans, fully aware of fraudulent borrower information?

Where did US Bank get it's Money? - If US Bank is claiming they were injured during a forclosure, don't they need to provide basic accounting showing where the initial loan funding came from?

Does US Bank have the Original Note from ANY loan?

Is US Bank using lawful means to evict former homeowners from their properties?

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Top Comments

  • All the banks are owned by the same group

    whom want to shove a microchip in your assets.

  • fuck this I am going to cash.

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All Comments (311)

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  • @ott0Kitam Back in the good old days prior to all this law if you couldn't repay your debit the debit was forgiven... But the borrower did everything in his power to repay the debit... And now comes law and contracts... and we have our New World Order... People were responsible, now this sense of entitlement has it all backwards...

  • this like a troll video, are you trolling?

    a bank breaks the law, bends the fundamentals of contract law & commits fraud in any purported loan they make

    banks fund their "loans" with an obligors own promissory note. so the obligor, the alleged "borrower", funds their own loan with their own promise to pay, that a bank misrepresents into debts owed to themselves, stealing principle as well as the interest thats never issued to circulation

    all without giving any lawful consideration of value

  • Ingnana jud nang bangko, maniguro, maayo lang sila magpasulod sa imoha, pero pag tingsingil na, ngil-ad na kaayo ug batasan.

  • in soviet russia, law breaks you!

  • @tiffyj85 They profit not only on loans, but their in-house credit cards, extended lines of credit, and checking accounts. There is absolutely no nickel too small, for a bank to NOT bend over, and pick up. The brainwashed drones employed [by US Bank] only wish to "serve their master" and promote the bilking schemes their bank sets up for their customers. I honestly don't understand how they are able to walk about the office, with eyes closed.US Bank seems to be one of the worst of this ilk.

  • When have bankers ever been honest? Never. Start protesting on Wall Street! Main Street won't listen so let's shake it up a bit!

  • US Bank is a very sinister proposition..... STAY AWAY

  • They get money (to pay for "loses") when someone can't finish out their loan or has trouble on their loan. There are more honest banks out there that won't take on people who they know (after interviewing) that there's too high of a risk they won't pay...

  • They are doing this legally, but through loopholes or other means to profit... sadly. It's hard to sue them since they are not doing this through outright illegal means. I was told by an Owner of a bank in Illinois (Scott Credit Union) that banks will take on people who they know won't be able to pay off their loan or loans fully, the banks don't profit a whole lot off someone who pays their loan on time and pays off in full, they profit more off someone who doesn't.

  • Just FYI this same shit and more happens with US Banks in IL, WA, MO... so my guess is there is something wrong with the corporation or whoever owns ALL of the individual banks, it's not just at the individual banks level, it's bigger than that.

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