Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
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WHY WOULD A PRIVATE HOLDING COMPANY WHICH OWNS A VERY LARGE BANK - CLAIM

THAT THEY DO NOT SELL THEIR COMMERCIAL LOANS? WHAT ARE THEY DOING WITH THEM?
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They say that commercial loans are going to be the next bubble to burst. In this country we have bubbles coming our our ears.

It's too bad that none of the politicians are talking about it.
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Abner
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WHY WOULD A PRIVATE HOLDING COMPANY WHICH OWNS A VERY LARGE BANK - CLAIM

THAT THEY DO NOT SELL THEIR COMMERCIAL LOANS? WHAT ARE THEY DOING WITH THEM?


Your quote suggests some dismay about this.

Banks have been funding commercial loans for over one thousand years. Until about one hundred years ago, they almost never sold these loans.

Traditionally, lending was funded by a bank's deposits. Commercial lending is no exception to this. In fact, the primary use of bank deposits for almost the entire history of the United States has been to fund commercial loans. Commercial banks were not even allowed to make loans for terms exceeding five year (including mortgage loans) until about forty years ago. Historically, building and loan societies, savings and loans, savings banks and similar thrift institutions were the source of residential mortgage money. Commercial banks did not make such loans until very recently.

It is really perplexing that idiots continue to make these breathless posts here at the Forum which contribute nothing useful to the discussion, but serve only to confuse and deceive distressed borrowers. It is almost as if these persons are trying to degrade and debase the content here to frustrate borrower effective defenses.
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Texas
Abner, not quite sure I comprehended what you wrote.
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Matt
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Abner, not quite sure I comprehended what you wrote.


Seems pretty simple, Texas. Commercial banks take in deposits and invest these deposits in commercial loans as assets. Historically, these loans were held to maturity by the commercial banks. When commercial loans were sold, usually it was part of a syndication of larger loans and part of a risk sharing/reduction strategy, rather than to get these loans off the books. Also, for very large loans banks were usually precluded from lending amounts that exceeded 10% of the bank's total capital, so if a loan was especially large portions of the loan would have to be sold to keep the amount below the capital limit.

It looks as though what Abner is trying to say is there is nothing unusual about a bank keeping loans on its books. That is what banks most often do with the bulk of commercial loans they make. The misinformed person who finds something unusual about this just doesn't understand banking.
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Texas
What is the applicability of the Federal Reserve's BIC Program in the above cited.
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Sean
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WHY WOULD A PRIVATE HOLDING COMPANY WHICH OWNS A VERY LARGE BANK - CLAIM

THAT THEY DO NOT SELL THEIR COMMERCIAL LOANS? WHAT ARE THEY DOING WITH THEM?


Why would any body care? Why are you shouting? Can't you find the CAPS lock key to toggle off? Do you have anything useful to contribute or are you just another troll posting your e-mail link to identify new victims for your scams?

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What is the applicability of the Federal Reserve's BIC Program in the above cited.


What are you talking about?
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Texas
Simple Sean

A commercial loan could be pledged up to the Federal Reserve under the BIC (Borrower in Custody) t 10 to 1 and the commercial loan remains on the banks balance sheet.
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Sean
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A commercial loan could be pledged up to the Federal Reserve under the BIC (Borrower in Custody) t 10 to 1 and the commercial loan remains on the banks balance sheet.


So what? How does any of this relate to a distressed borrower facing foreclosure? The original post seems merely to be a ploy to initiate contact with new victims for the scams!
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Texas
Heard it mentioned a lot of times, information such as quoted above is a scam, but never noticed that anyone was required to follow or donate.

If people speak, they need to speak with facts.
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