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Joker 6 months ago
Fed Found Over 22,000 Mortgages Like Those Pulte Is Flagging😂🤣😹 The Federal Reserve found over 22,000 mortgages that were flagged for potential owner-occupancy fraud, similar to the allegations against Lisa Cook. This type of fraud has been described as "broad-based" across the U.S. mortgage market. Broader Context of Mortgage Fraud The Federal Reserve has identified a significant number of similar cases in the mortgage market. A report from the Philadelphia Fed found over 22,000 mortgages that were flagged for potential occupancy fraud. This type of fraud typically involves borrowers claiming multiple properties as their primary residence to secure better mortgage terms. Key Statistics: * Attribute: Details * Total Mortgages Flagged: 22,431 * Time Frame of Study: 2005 To 2017 * Percentage of Fraudulent Claims: 2% to 3% (Steady For A Decade) * Peak of Claims Before 2008 Crisis: Yes Implications: The scrutiny of Cook's mortgages appears to be part of a broader strategy by some political figures to influence the Federal Reserve's policies, particularly regarding interest rates. The findings suggest that while Cook's case is under intense examination, similar practices are widespread in the mortgage industry. The Philadelphia Fed report found that about a third of all property investors misrepresent their status as owner-occupants. It found that doing so allowed them to obtain lower interest rates and higher loan-to-value ratios. “This type of fraud is difficult to detect until long after the mortgage has been originated,” the researchers said in their paper. The paper’s data set consists of 584,499 loans made from 2005 to 2017. Of those, 22,431 were considered fraudulent. The share of those claiming occupancy for better mortgage terms peaked ahead of the 2008 financial crisis, though remained steady for much of the ensuing decade at about 2% to 3%. Countrywide VIP Loans Went To Key Lawmakers: Congressional Report: July 06, 2012 Angelo Mozilo, the former CEO of Countrywide Financial, was involved in a program that provided discounted mortgage loans to influential lawmakers, including senators and congressmen, through a scheme known as the "Friends of Angelo." This program allegedly offered lower rates and expedited processing to those in power, raising concerns about potential conflicts of interest in legislation affecting the mortgage industry. Overview of Countrywide's VIP Loan Program Countrywide Financial, under CEO Angelo Mozilo, operated a VIP loan program known as "Friends of Angelo." This program provided discounted mortgage rates and expedited processing to influential lawmakers, including members of Congress and their staff. Key Features of the VIP Loans Benefits Offered * Discounted Rates: Borrowers received lower mortgage rates, typically between 0.5% to 1% off. * Expedited Processing: Loans were processed faster than standard applications. * Relaxed Underwriting: Countrywide often waived fees and relaxed standards for these VIP borrowers. Notable Recipients: * Senator Christopher Dodd: Received two loans in 2003, with significant discounts that saved him thousands in interest. * Senator Kent Conrad: Benefited from a one-point discount on a $1.07 million mortgage for a vacation home, saving about $10,000 annually. Allegations and Investigations: The program has been scrutinized for potentially influencing legislation. While a Congressional report found no direct quid pro quo linking loans to legislative actions, it highlighted that many recipients were in positions to affect laws that could benefit Countrywide. Both Dodd and Conrad have denied knowing they received preferential treatment, despite evidence suggesting they were aware of their special status within the program. The controversy surrounding these loans contributed to significant political fallout and investigations into the lending practices of Countrywide.
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Joker 6 months ago
Pardon Me While I Wiggle, Baby! I'm Under The Influence Of A Groove🤩😹😎 image
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Joker 6 months ago
Massive Increases In Global Money Supply And Global Long Bonds Sell-off!! It Seems That Your Government(s) Are Indeed Ruining Not Only Their Economies (Including The US) But At The Same Time Scaring Away Long-Term Investors (Bondholders) From Participating In Funding Irresponsible Monetary And Fiscal Policies!! Meanwhile: The M2 money supply (Relentless Money-Printing) in the United States did indeed reach an all-time high of $22.12 trillion in July 2025. This increase indicates a shift towards more cash circulating in the economy (More Worthless Fiat Paper Chasing Fewer Goods. I.E. Assets), which can have implications for inflation and senseless speculation. Good Luck You Guys! Joker Remainder Of The Article: Lyn Alden On Bitcoin And Inflation:
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Joker 6 months ago
Now You Know! “The plan they developed over those ten days, the final details of which were drafted by Frank A. Vanderlip and Benjamin Strong Jr., was unveiled to the public on January 16, 1911. Known as the Aldrich Plan, it had at its center a single institution—the National Reserve Association (AKA The Federal Reserve)—a central bank in everything but name that would have branches all over the country, with authority to issue currency and to lend to commercial banks. While the government was to be represented on the association’s board, the association itself was to be owned and controlled by banks, a sort of bankers’ cooperative.” Excerpt From Lords of Finance Liaquat Ahamed
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Joker 6 months ago
Fears Of A French Government Collapse Send Its Borrowing Costs Soaring #bitcoinfixesthis France, a cornerstone economy in Europe, is rapidly becoming one of its weakest links as a political and debt crisis loom. France has seen an increase in Bitcoin adoption although it currently has no plans for a Strategic Bitcoin Reserve. Both public and private companies hold Bitcoin as part of their treasury. The country has established a regulated framework for cryptocurrencies, making it a key player in Europe's digital currency landscape. Our Video Library:
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Joker 6 months ago
Black Americans Are Losing Jobs In A Warning For The Economy “You Typically Don’t Want A Bunch Of People Unemployed En Masse, Especially The Black Ones. They Are The Last Ones You Want To See Roaming The Streets In An Effort To Make Ends Meet”, Joker Kirsten Bradford, 29, has been driving around Dallas, stopping at dozens of bank branches to shake hands and hand out her résumé, hoping to "break into a banking career". 😹🤣😂 “Thinking I did everything right, thinking that every movement I made was for the future just kind of makes me feel so angry,” said Bradford, who has a master’s degree in management from Southern Methodist University. “This isn’t how it’s supposed to be.” “It’s a canary in the coal mine for what may be coming,” said Kenneth Couch, an economist at the University of Connecticut. Black workers make up 18.7% of the federal civilian workforce, compared with around 13% of the overall workforce. The Washington, D.C., area has a large Black population, said Darrick Hamilton, chief economist at the AFL-CIO. Unemployment among Black people reaches highest level since 2021; ‘I am in the fight of my life’. Related: Black Americans & Bitcoin New Amazon Prime Documentary Shows How Bitcoin Is Changing Africa Black Americans Are Embracing Bitcoin To Make Up For Stolen Time Four Ways Black Families Can Fight Against Rising Inflation How Black Businesses Can Prosper From Targeting A Trillion-Dollar Black Culture Market Bitcoin Buyers Flock To Investment Clubs Such As “Black Bitcoin Billionaires” To Learn Rules of The Road Remainder Of The Article: Ultimate Resource Covering Bitcoin’s Impact In Africa And The African-American Community:
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Joker 6 months ago
Mushrooms Are Natural-Born Quantum Computers 🖥️ 😎🤩✅ Imagine that you could pass through two doors at once (i.e. Quantum Mechanics double-slit experiment). It’s inconceivable, yet fungi do it all the time. When faced with a forked path, fungal hyphae don’t have to choose one or the other. They can branch and take both routes. Andrew Adamatzky, of the Unconventional Computing Laboratory, proposes that mycelial networks can be harnessed to compute information using electrical impulses that pass along their hyphae. Mycelial coordination of it’s activities takes place both everywhere at once and nowhere in particular. A fragment of mycelium can regenerate an entire network, meaning that a single mycelial individual—if you’re brave enough to use that word—is potentially immortal. Watching a hypha explore a single clinical maze is bewildering, but scale up: Imagine millions of hyphal tips, each navigating a different maze at the same time within a tablespoon of soil. Scale up again: Imagine billions of hyphal tips exploring a patch of forest the size of a football field. Remainder Of The Article:
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Joker 6 months ago
Just Some Of The Ground-Breaking Innovations Growing Out Of Mushrooms A company is growing building materials out of mycelium. It has just received a $10 million research and development contract from DARPA, the Defense Advanced Research Projects Agency, a wing of the US military. DARPA is interested in growing barracks out of mycelium that repair themselves when damaged and decompose when their job is done. Researchers at NASA have taken an interest in “mycotecture” and its potential role in growing structures on the moon. The potential of mycelial materials has not gone unnoticed. The designer Stella McCartney is working with fungal leather grown using the company’s methods. It has a close relationship with IKEA, who are developing ways to replace their polystyrene packaging with a mycelial alternative. Remainder Of The Article: Ultimate Resource On Mushrooms From Foraging, Medicinal, Cultivation And More:
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Joker 6 months ago
Camarillo Ca. Apartments/Townhomes WhatsApp Group About Us: Although this group has no official relationship with Ventura Investment Co. We would like to have a place where we can share information about such topics as: (1). Apartment/Townhome Living (2.) Safety And Crime-related Concerns (3). Lost And Found Pets And Personal Items (4). Community And Public Safety Matters (5). Items For Sale, Free In Addition To Services Offered (i.e. Pet-Sitting, etc.) (6). To Have A Social Environment For Chatting WhatsApp Link: This site is not to be used to circumvent the role of your local property manager.
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Joker 7 months ago
The Price Of Parenting. TL;DR, It Takes A Helluva Lot of Money Raising a child is a gift, a headache and everything in between. 1. Child Care In America Is Broken. Here Are Five Ideas For How To Fix It 2. Your Kids Are Your Pride And Joy. They’re Also A Tax Break 3. 12 Money-Saving Hacks For Raising Kids, From Clever Parents Who Did It 4. These New Parents Give Us An Unvarnished Look At How They Spend Their Money 5. What It’s Really Like To Support A Big Family On A Modest Income In America 6. From $24,000 To $147,000: How Much Daycare Costs Across America 7. They Needed A Surrogate, So They Asked A Sibling To Do It 8. Too Rich For College Aid, Can’t Afford Full Price: How One Family Made It Work 9. Summer Is Endless, And Expensive, When You’re A Working Parent 10. She’s 7 Years Old. Her Parents Are Saving To Support Her When She’s 30 Remainder Of The Article:
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Joker 7 months ago
Mycelium Clearly Illustrates The Importance Of Adaptation🤩😎✅ BARBARA MCCLINTOCK, WHO won the Nobel Prize for her work on maize genetics, described plants as extraordinary “beyond our wildest expectations.” Not because they have found ways to do what humans can do but because a life lived rooted to one spot has coaxed them to evolve countless “ingenious mechanisms” to deal with challenges that animals might avoid by simply running away. We could say the same of fungi. Mycelium is one such ingenious solution, a brilliant reply to some of life’s most basic challenges. Mycelial fungi don’t do as we do, and contain flexible networks that ceaselessly remodel themselves. They ARE flexible networks that ceaselessly remodel themselves. Remainder Of The Article: Ultimate Resource On Mushrooms From Foraging, Medicinal, Cultivation And More: