Tag Archives: Fraud

MERS – 62 Million Homeowners Foreclosure Proof – Information – STOP Foreclosures!

Reply

62 Million homes could be Foreclosure Proof, those that hold MERS mortgages! Part 2 of video – it cut off while uploading www.youtube.com Anyone with the possibility of being Foreclosed on and has MERS as the mortgage holder – Needs to get this information and FIGHT THE FORECLOSURE! sherriequestioningall.blogspot.com All information and Links to sites about the latest cases against MERS and the Rulings against them! MERS is Fraud, committed by the banks! It is Plain and Simple as that! They have NO Legal standing to shut out on Anyone! GET INFORMED – DO NOT BE FORECLOSED ON! Find a Legal aid in your state and District – it is Free question for help with fighting your Foreclosure!

When Banks Make Loans Is It Really Creating Money?

3
loans

When banks make a loan, they increase the number of deposit liabilities against the number of reserves that they have. But, is this really making money? When a borrower spends the ‘bank credit money’ entered into his account, the bank will lose an equivalent amount of reserves. If this is the case, why do many people say that what the banks do is a fraud? Building the loan is a valid risk to the bank and thus it should be valid for the bank to charge interest on its loans. Are the banks really charging interest on non-existing money?