Divide & Conquer..We knew and know about all "their" division tactics ! (Predictable)
(media.greatawakening.win)
💊 Toruble Maker 💊
Comments (24)
sorted by:
Violates federal law on racial discrimination. Anyone can complain to justice.gov and give it a whack. The DOJ usually starts with a letter merely requesting info, and that causes the recipient to panic and abandon the discriminatory activity such as what BoA is doing. Try it. It will likely work.
Its actually a predatory lending ploy in order to foreclose on these people's homes. By the time the DOJ puts a stop to it, hundreds of thousands of people will have been suckered into bad loans and lose their homes. .
And have to become fully dependent on the government or have the government forgive their mortgage.
The WEF's plan is to acquire all the affordable housing out from under first time homebuyers, forcing them to stay renters. When the collapse happens, they will raze the housing in rural areas and suburbs, thus forcing people into cities, where the people can be easily monitored by "smart city" systems. I guarantee the homes will be foreclosed upon and the loans will not be forgiven. The goal is to "own nothing and be happy." They'll make sure you own nothing after the BK you'll have to file after the foreclosure.
Not so sure about that. It’s attached to HUD govt program.
https://www.fdic.gov/news/financial-institution-letters/2022/fil22008.html
HUD foreclosed on tons of properties after the 2008 crash. HUD seal of approval means nothing as HUD is a big part of the WEF plans. HUD guarantees that the taxpayer will pick up the slack on what the owner defaults on, the bank still owns the property in the end. Catherine Austin Fitts uncovered a huge HUD scam years ago. Are you familiar with her? https://home.solari.com
I deal with BK’s and what people call predatory lenders. I’m pretty neutral in my stance because I see the lender and the debtor side. Who wants to lend to someone who’s had four cars repossessed? Who do you go to when you’ve had four cars repossessed? BOA doesn’t typically lend to high risk. Govt incentive does change that. Wells Fargo is cutting ties in the mortgage area. Big banks are still hesitant after the last housing crash. I’m semi familiar with HUD but definitely not an expert. If we were to have a 40,000 ft view of this, is it for the amount of illegals coming into the country that are now on federal funding? I’m more trying to understand the why of it.
BofA knows that there is a housing collapse coming. BofA knows that someone with no money down will walk away from the property as soon as property values decline and the owners owe more on the mortgage than the house is worth. BofA is making these loans in the hopes they will be able to foreclose on the property.
The WEF's plan is to acquire all the affordable housing out from under first time homebuyers, forcing them to stay renters. When the collapse happens, the WEF cronies (ie Bof A and Blackrock) will raze the housing that they own in rural areas and suburbs, thus forcing people into cities, where the people can be easily monitored by "smart city" systems.
The WEF goal is that "you'll own nothing and be happy." They'll make sure you own nothing by destroying your credit rating with a foreclosure.
https://www.dallasnews.com/business/real-estate/2022/08/30/bank-of-america-launches-zero-down-mortgages-for-blacks-latinos-in-dallas/ sauce
Prolly lookin for basketball players to compete with delaware
Real estate prices in those cities is astronomical, what a great deal. lol
Ding ding ding! Its a predatory lending ploy in order to foreclose on these people's homes.
Reeks of desperation, they know they are doomed.
Its actually a predatory lending ploy in order to foreclose on these people's homes
That too, most likely; no such thing as a free lunch and all that.
Exactly !
Wait til the variable rates kick in…….
t's predatory lending. They are making bad loans on purpose in order to foreclose on the properties down the road. Countrywide did this on a regular basis prior to the 2008 crash, and BofA bought Countrywide -- and all their foreclosed upon homes -- after the crash. Bof A has come up with a clever PR scheme to hide the real intent behind these bad loans.
Is this a classic bait & switch ?
Not at all. BofA makes a loan on a property where the owners have nothing invested. The market tanks and the owners are now upside down on their mortgage, so the owners let the house get foreclosed upon. Then BofA owns the property. The WEF's plan is to acquire all affordable housing out from under first time homebuyers, forcing them to stay renters. When the collapse happens, they will raze the housing in rural areas and suburbs, thus forcing people into cities, where the people can be easily monitored by "smart city" systems.This is a shady way for the WEF to acquire more housing.
Countrywide bit the dust after that ? I think they did
BofA acquired Countrwide, which means BofA got the spoils of Countrwide's plunder. It was VERY profitable for them the first time around; am sure they are eager to do it again this time.