{"id":594,"date":"2014-05-25T13:49:48","date_gmt":"2014-05-25T13:49:48","guid":{"rendered":"http:\/\/republicirelandbank.com\/?p=594"},"modified":"2022-10-10T09:47:04","modified_gmt":"2022-10-10T09:47:04","slug":"securitisation","status":"publish","type":"post","link":"https:\/\/republicirelandbank.com\/?p=594","title":{"rendered":"Securitisation:"},"content":{"rendered":"
\n

<\/h1>\n

Securitisation:<\/b><\/span><\/h2>\n

Bank Fraud \u2013 Lawyer – Free Speech Australia<\/b><\/p>\n

<\/h1>\n

Transcript from video:<\/b><\/p>\n<\/header>\n

\n
\n

3:30<\/strong>\u00a0minutes – Structure diagram
\n\u201cYour monthly payments are called receivables. Your so called lender (the bank) does nothing else but sell these receivables. They are in fact never a lender their real and only purpose is to steal your promise to pay in form of a signed mortgage document also known as a \u201cpromissory note\u201d so that they can flip it for cold hard cash; all they ever are is the originator at the outset scouting and securing new loans with deceptive advertising, in fact never lending anything.\u201d
\n\u201cIt is actually you who is the lender, giving the only thing of real value in the transaction and that is your signed promise.\u201d<\/p>\nBank Fraud – Part 1 of 2. Securitisation<\/strong><\/td>\n

 
\n<\/object><\/p>\n\n\n\n<\/tr>\n<\/tbody>\n<\/table>\n

4:40<\/strong>\u00a0The purported \u201cLender\u201d (Your Bank) then steps aside to function as the Manager and continue to appear as if they were the only party you are dealing with.<\/p>\n

4:56<\/strong>\u00a0The Trusts function<\/p>\n

The Banks Mortgage Securities Trusts function is to create the offers to then convert the stolen Promissory note to cash by issuing; hence called the Issuer Notes, a Security Instrument much like shares on ASX. (Australian Securities Exchange)<\/p>\n

At this point youroriginal loan ceases to be a loan as it is physically impossible to be both a loan and a stock at the same time.\u201d<\/p>\n

\u201cA mortgage cannot be both a mortgage and a listed security at the same time.\u201d<\/p>\n

5:20<\/strong>\u00a0The Trust gets established by the very party that pretends to loan to you. The moment your promissory note is sold and converted on the market in this huge pool with many others the Trust is paid in full and your loan amount has just been miraculously created from thin air. (i.e. bought by pension fund)<\/p>\n

Bank Fraud – Part 1 of 2. Securitisation<\/strong><\/td>\n

<\/object><\/p>\n\n\n\n<\/tr>\n<\/tbody>\n<\/table>\n

Stage II<\/p>\n