The 'de facto' 'homeowner' is the BANK,....
......They just wanted to get signatures on paper...to sell the paper....get it?
......They did not care if the 'contract holder'...could pay or not...if they said NO...you can't afford it and we will not loan on that house at that price....it would not have happened.
Bank:...de facto owner of huge lists of property
........leveraged the 'paper' for extending more 'loans' to be 'de facto' owner of more property to get more 'paper' on
........has a lein on the foreclosed 'buyer' for unpaid difference PLUS COSTS TO TAKE BACK THEIR OWN PROPERTY
........will resell the property to another 'buyer' for...'PAPER'
........WILL LEVERAGE 'PAPER' FOR MORE LOANS
........WILL FORECLOSE AND LEIN 'BUYER'....
........WILL RESELL THE HOUSE FOR 'PAPER'
........OVER...AND ....OVER....AND OVER
....How many times did they flip 'collectively' houses made out of 'Ticky Tacky'....and poor construction products....it just had to last for about 10 years....
House of 'PAPER' Cards finally fell down as all Pyramid Schemes do....V.
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