Please see post-20 aboveIt does matter in the context of the OPer.
Evidently he/she is posting a false equivalence.
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Please see post-20 aboveIt does matter in the context of the OPer.
Evidently he/she is posting a false equivalence.
I had a VA buyer once.
100% disable Nam vet.
The VA appraised my home $30k under the agreed sales price and would not give the 100% DISABLED VETERAN THE LOAN.
They wanted me to eat $30k.
FUCK OFF.
It sold 2 weeks later for $40k above the VA appraisal.
THE BUYERS BANK APPRAISED MY HOME $40,000 higher than the VA a mere 2 weeks later.
My point is that THE FUCKING LENDER RUNS THE SHOW AND HOLDS THE CARDS.
Have any of you cult fucks ever actually owned a home?
And to you cult fucks….this does not seem suspicious?
A PREVIOUSLY NEVER PROSECUTED STATUTE WAS USED AND ONE MAN MADE THE VERDICT.
NO WITNESSES. BANK WERE NOT ALLOWED TO TESTIFY.
Banana Republic bullshit. If you are good with it because you do not like Trump, I cant wait for it to happen to you and your family…because it will.
No precedent. One judge summary judgement.
NO DISCLOSED MATH TO GET TO $455m fine.
Engoron should be indicted for corruption. He should get no witnesses and a summary judgement of life in prison. Sounds fair….right?
That's a horrible law that other states have implemented. So some homeowners benefit while other homeowners, even next door get royally screwed. I looked at the Florida home market yesterday. Prices jacked through the roof and property taxes on par with blue states. With all the other crap in Florida, sky high insurance, tornados, hurricanes, flooding, sky high utilities, and I'm hearing from friends in Florida so many people have flooded into the area it's a traffic nightmare, I think smart money looks elsewhere.You might find Florida Law very interesting.
I hope they will be, but who knows.
Engoron should be in prison...absolutely disgusting abuse of power of the highest order.
No one can explain how he came up with $455m fine with no victims.
It would be unfortunate if holding people accountable for crimes didn't work.WHAT WAS MADOFF FINED? SBF? THEY STOLE BILLIONS.
You blue fuckers are trying to get a battleship chain through the eye of a needle. It aint fucking going to work.
I told my bank my house was worth $85M, they laughed and stamped my loan application DENIED!Doesn't matter, its the bank's job to ensure that the collateral used to secure any loan is adequate.
Banks must do their own evaluation of what properties/collateral is worth, or they don't lend.
Yes. He was charged with fraud in the second degree. What the banks did or thought is not relevant. He falsified records. The bank going along with it doesn't change that fact.Please see post-20 above
I told my bank my house was worth $85M, they laughed and stamped my loan application DENIED!
What fraud did Stewart commit?How could the bank give Stewart a loan on a $740,000 valued residence that he sold for $17.5m.
If…the..bank..loaned…Stewart…money…he committed fraud.
Explain to me specifically how the situtations are not similar.
Where can I get a link to the banks who loan millions without any verification of collateral?You should have used Trump’s lender. They apparently just take whatever value that you claim. Trump’s lenders do not appraise. They just hand out $$$.
You still aren't getting it.Yes. He was charged with fraud in the second degree. What the banks did or thought is not relevant. He falsified records. The bank going along with it doesn't change that fact. Based on your logic it is a wonder these forms ask that information at all if it doesn't matter what you put.
What's the point?
You still aren't getting it.
1. Who said he falsified records? Political hacks.
2. The point is that when you do business YOU need to verify the data and NOT rely on what someone puts on a form.
They didn't do a good job then.3. Banks have Risk Management staff whose job it is to verify financial data.
You still haven't explained what Stewart did wrong.Jon Stewart benefited by 829% ‘overvalue’ of his NYC home even as he labels Trump’s civil case ‘not victimless’
Jon Stewart is facing online backlash after saying Donald Trump’s case overvaluing his properties was “not victimless,” and sleuths found his own records.nypost.com
Something about GLASS HOUSES comes to mind.
1. Not "the courts", judge Engeron. Engeron said Mar-a-Lago is worth $18m. He's a garden variety hack. Along with Letitia who ran on "getting Trump". The political hackery won't last too much longer. The appeals court already cut the bond amount. The Letitia James case is toast.The courts.
You would think they would do that but regardless of what the banks did or didn't do, Trump submitted fraudulent forms.
They didn't do a good job then.
Doesn't matter, its the bank's job to ensure that the collateral used to secure any loan is adequate.
Banks must do their own evaluation of what properties/collateral is worth, or they don't lend.
Actually in the US "Caveat Emptor" (buyer beware) is controlling.
The buyer/lender needs to confirm details before executing the purchase.
caveat emptor /ĕmp′tôr″/
noun
- The axiom or principle in commerce that the buyer alone is responsible for assessing the quality of a purchase before buying.
- A commercial principle that without a warranty the buyer takes upon himself the risk of quality.
1. Not "the courts", judge Engeron. Engeron said Mar-a-Lago is worth $18m. He's a garden variety hack. Along with Letitia who ran on "getting Trump". The political hackery won't last too much longer. The appeals court already cut the bond amount. The Letitia James case is toast.
2. The forms were not fraudulent, the AG and judge are fraudulent. The forms had estimates of values. There is no exact answer, property values fluctuate. The banks made money, there was no victim. In "fraud" there needs to be a victim.
3. The banks made money, Their risk managers did a good job.