Redemption is NOT Debt

[David Merrill]

About HAMP refinancing after redemption...

Redemption Cancels Debt and Vice Versa

At least that is what I hope people get from these HAMP 2 success stories. Debt and redemption are mutually exclusive concepts. Since last year there have been instances where the husband enjoys redeeming lawful money by demand, and the wife is hesitant. When the couple presents tax returns the bank handling the refinancing cannot consider there to be any (taxable) income by the breadwinner husband.

This suitor is speaking about refinancing his home through HAMP.

Hey MJ,

Yes, you had a big hand in getting this. It was earlier on in the process but I truly believe God puts certain people at certain places to make certain outcomes possible. It was funny when I was getting it as everyone was confused with my 1040's that I had to submit for income verification. One of the attorneys was asking me questions about this but after a couple days they just went silent and I thought oh no we aren't going to get the HAMP. A lot of weird things happened but again I think that is just God getting the ducks lined up.

So now the couple enjoys the security of the bank's blessing, and has very affordable monthly payments, based solely on the wife's income.

Again, while this is a great selling point for new members here it is a great mental exercise to ponder how and why the bank attorneys would after consideration exclude the husbands income from their financial calculations?

[doug555]

https://inteldinarchronicles.blogspot.de/2018/03/jeremy-hanson-trumps-executive-order.html

How does this affect 12 USC 411?

[David Merrill]

The Dove of Oneness has no effect.

[doug555]

https://www.congress.gov/115/bills/h...15hr5404ih.pdf

[David Merrill]

Thanks for the Link Doug. That looks much more interesting that anything with NESARA in the same breath!

So far nothing comes of clicking it...

Interestingly is just suspends my browser and I wait, and wait...


???


Working: https://www.congress.gov/bill/115th-...4%22%5D%7D&r=1

https://www.congress.gov/member/alex...4%22%5D%7D&r=1

115th CONGRESS
2d Session
H. R. 5404

It may sound like it is solid but implementation is problematic at best. It might be obvious where the gold is, but only to the redeemed:

This is classical "gold back into the system" from the Senate Report.



Undoing Secretary KATZ from the '70's is going to really deflate a lot more than MOONEY's ego!

https://www.federalreserve.gov/data/intlsumm/current.htm

Domestic gold is at $42.22/fine troy ounce. That is going to be crashing, especially to investors. So I think after watching PAUL for many decades that getting this through the house is a long way from seeing any effect. Rather MOONEY is trying to appeal to people wanting change?

[lorne]

"If it's not on the tax return we can't count it."

"Congratulations! You are eligible for a Home Affordable Modification."

I like these mortgage success stories because the bank confirms the dual nature of American currency. Lawful money vs private credit. The banker looks over the couples HAMP application and tax return and feels something is missing - where's the self-employed husband's income? Where's the Schedule C (business income)?

Husband responds with something like "I made money, redeemed lawful money, here's the profit & loss statements; but there is no schedule C. It's not included as taxable income on the Form 1040."

Banker: If it's not on the tax return we can't count it.

Translation: If it's not on the tax return as income we can't count it towards a loan of Federal Reserve credit.
Meaning: Only admitted Federal Reserve income counts as money towards a loan of Federal Reserve money.

In the end, the modified monthly loan payment was exactly the HAMP 31% of the wife's income. The bank did not count any of the husband's income ... it wasn't Federal Reserve income.

[David Merrill]

"Congratulations! You are eligible for a Home Affordable Modification."

I like these mortgage success stories because the bank confirms the dual nature of American currency. Lawful money vs private credit. The banker looks over the couples HAMP application and tax return and feels something is missing - where's the self-employed husband's income? Where's the Schedule C (business income)?

Husband responds with something like "I made money, redeemed lawful money, here's the profit & loss statements; but there is no schedule C. It's not included as taxable income on the Form 1040."

Banker: If it's not on the tax return we can't count it.

Translation: If it's not on the tax return as income we can't count it towards a loan of Federal Reserve credit.
Meaning: Only admitted Federal Reserve income counts as money towards a loan of Federal Reserve money.

In the end, the modified monthly loan payment was exactly the HAMP 31% of the wife's income. The bank did not count any of the husband's income ... it wasn't Federal Reserve income.

Well put. But instead of the husband responding, I think it is best to simply allow the bank attorneys to feel the pressure of law. They have to abide in the HAMP 2 guidelines, and at the same time they must abide in Title 12. So if they are worth their weight in salt, then the low mortgage payments come about.

MORTGAGE - Death Promise.

If only the wife has pledged DEBT/DEATH/DOUBT then that is all there is for traction. The bank of course wants to retain ownership over the home, allowing the wife use to keep up their property until the loan principal and especially the interest is paid off.

I had a great conversation yesterday. Love and redemption go hand in hand. Fear and debt (guilt) go hand in hand. The precepts of either are mutually exclusive ultimates. - meaning that they cannot both exist within system parameters at the same time. One cannot feel fear while in love. And one cannot feel love while frightened or guilty. Redemption cures debt. Debt only exists for the unredeemed.