Posted on 09/01/2023 9:15:43 AM PDT by Red Badger
The similarities between today’s Commucrat party and Hitler’s Nazi Germany are staggering.
Meanwhile the ENTIRE Biden family lied on their tax returns for years and its totally fine..but in this case, the bank is the one responsible for declaring value on a property heck they are not even complaining at all..I can say my house is worth 5 million dollars, prove me wrong
Imagine a bank Ceo testifying that he lent money based on the customer’s own representations
about his property’s value. “My $250,000 home is worth $2M, Mr. Mortgage Officer. I swear!”
LOL.....good one.
The evidence before the court is incontrovertible.
There's no need for the jury to retire.
In all my years of judging, I have never heard before
Of someone more deserving of the full penalty of law.
-PJ
Has anyone checked her records and assets?
You can bet she herself is playing the same game with her own stuff. There is not a corporation or business in this country who does not try to play the system if they can. Been doing it for a hundred years.
If this is true, we are way past a Banana Republic and a into Soviet style dictatorship.
That would definitely be against the Constitution...attempted deprivation of the constitutional right to due process
Wow, I better warn my college kid who just applied for her first credit card and may have inflated some numbers hoping to get a higher limit or lower interest rate. 🤔
What's so stupid about this is that she assumes the banks and insurers and others just accept such filings no questions asked. The banks and insurers have a responsibility and vested interest in analyzing and evaluating any asset valuations presented to them.
They'd be negligent and irresponsible to not do that.
There’s two kind of assessments involved...One is the city...and that’s the actual value of the physical property. Then there’s a second value for the bank...income derived from tenants etc.. They both go to the bank to get a total value...It would be like me and you showing the bank your W-2...they want to get paid back. But still...there are no victims...the bank gets their loan money back plus interest..There are no victims.
Is this Babylon Bee?
See my prior post on this thread. This is way beyond “mortgage applications.” These are complex commercial loans where lenders have a fiduciary duty to scrutinize loan applications closely.
A prosecutor has to convince 12 people.
A defense attorney, only one.......................
I repeat...there is no victim.
She's guessing...and she's gonna have a hell of a time proving that someone got s******.
I dont disagree the banks have a duty. What I’m saying is it’s a crime to lie on those forms.
And determining how much "credit" a borrower has is the responsibility of the lender. The lenders sure don't just accept the asset valuations presented by the borrower.
This half-wit AG is acting as if lenders and insurers just accept asset valuations from customers no questions asked.
Banks, insurers and others failing to do their own due diligence is not a matter of fraud on the part of a borrower or business partner.
That is just standard operating procedure for many AGs and prosecutors. Let’s them have their say to the judge before trial even starts. Almost never granted.
So now it’s criminal to have a differing opinion on the value of some real estate?
Banks have appraisers, if they didn’t do their job that is their fault.
smh
Time to take Letitia back to the zoo.
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