Tales From Normal, Mn.--FICTION

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Tales from Normal, Mn. Headline News---FICTION

Friday, March 7, 2014

"Let Everybody Rent" is the new Banking Formula: Tales from Normal, Mn: FICTION

Just got an automated message from the online bank in Normal, Mn, where all the physical banks have closed, and only web based banks have remained...and they explained that no further mortgages for consumers were planned for 2014 since the bank had decided to adopt a new "Magic Formula" which consisted of selling all foreclosed homes to corporate predators, and then having those folks just rent to everybody else...that way, there would be no closing documents to dispute, and no fraud could be alledged, and besides, cash in envelopes solves a lot of legal problems...stay tuned as I follow this story.
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