Bankers Gambling
Banks though one of the only ways to store grow and transfer wealth is sadly a very abused system not by the account holders but the bank staff.
Greed is so high they gamble and speculate on loans and is so high and care is so little they do not even look into where or who is creating a new loan.
Loans are often traded like some sort of gambling token where they speculate on them to see if the trader can get a profit from the buying and selling of loans. While these loans exchange hands they have odds of the amount owned by the holder increased. These trades don't look at current owed amount but at the original set amount.
Because of so many underhanded, shady and back room deals. Not all paper work is filled or kept, so some loans and accounts can get created under someones name but that person did not create or file those them self.
Mortgages they have programs to help when you can't afford or fall behind, but these do not become accessible until near 4 months behind. How ever they will foreclose these 3 months behind.
Bounce fee's, at one time this process was handled in person by staff. This process is now handled 100% by a computer. But over time these fee's have increased even though less staff hours handle these and thus is cheaper and faster to process.
Greed is so high they gamble and speculate on loans and is so high and care is so little they do not even look into where or who is creating a new loan.
Loans are often traded like some sort of gambling token where they speculate on them to see if the trader can get a profit from the buying and selling of loans. While these loans exchange hands they have odds of the amount owned by the holder increased. These trades don't look at current owed amount but at the original set amount.
Because of so many underhanded, shady and back room deals. Not all paper work is filled or kept, so some loans and accounts can get created under someones name but that person did not create or file those them self.
Mortgages they have programs to help when you can't afford or fall behind, but these do not become accessible until near 4 months behind. How ever they will foreclose these 3 months behind.
Bounce fee's, at one time this process was handled in person by staff. This process is now handled 100% by a computer. But over time these fee's have increased even though less staff hours handle these and thus is cheaper and faster to process.
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