It had to happen sooner or later.
Banks and Mortgage companies are using the Covid-19 perpetration as excuse to waive mortgage repayments, defend their illegal practices and remain alive. Although only allegedly as a short term measure, under the excuse to give repayment some breathing space and needed funds to “cope” with the present “crisis”, they are following both Lloyds Group and Barclays who at the end of last year were respectively served cease and desist notice and called a moratorium on chasing mortgagors non repayments. RBS is another in an increasing list of banks that are covering for a disaster imminently impacting them from a culmination of wins against fraudulent practice and fake signatures
Lloyds Group was served, back in November 2019 with a cease and desist order issued by the cross party Parliamentary Committee on Banking. Barclays soon after declared a moratorium on their mortgage customers for several months.
This week we see RBS offering mortgage windows of deferred payments with Lloyds and TSB both hotfooting it to join the crowd.
Covid-19 is becoming the go-to choice of cover to hide the near panic banks are facing in respect for their customers’ mortgage fraud imminent claims Class Action.
This was to be expected. The banks and mortgage companies have been faced with multiple wins against their practices for over 10 years from a concerted group, now making a class action claim against them. The wins gained have placed this claim in the envious position of winning the war against endemic fraud. The journey has been a real challenge as the legal system itself, or at least those whose self interest are with the criminal elements, have tried to bury the rolling successful challenges.
It is not happening. Not even the coronavirus fraud will be enough to cover the ultimate fail. Under this fraudulent bonnet lie so many elements needing to win their illegal corners, from global financial ruin to corporate survival and self interested money creaming schemes.
The Banks and Mortgage companies tried hard over the past month to kill the advance of legal justice. They were sussedd out, thanks to powerful insiders feeding their plans. The group action then fell back on their nuclear option, set aside for precisely this sort of challenge by the Big Boots. The result is the target may have changed but the eventual outcome remains the same. Class Action has aced the crooks.
There is no denying some very serious attempts by subterfuge are being initiated to crash the financial system, in ways that cover the arses of the perpetrators. This will inflict a lot of pain on a lot of relatively innocent people. Unfortunately resisting proactivity and being well informed does have its price. Many will pay for that.
Those who have battled long and hard for justice across the board will ultimately be rewarded, yet even that will inflict wounds.
To believe we are in a global pandemic, you fall at the first fence. Understand you are being led down a filthy, specious path. Keep clean, healthy and prudent and find out how this whole scenario is merely their plan for control, manipulated restrictions and the whole bundle of actions taking more freedoms and voice from us.
Precautionary measures include never trusting or believing any mainstream news outlets telling you to lap up “What we know already” themes. This may be a new strain of coronavirus – read flu, common cold, SARS etc – however its arrival , placement and aim has been a bio weapon from the usual suspects against those on the winning side of history and new century. The Old Empire is almost dead. These actions along with serious military muscle are merely the death throes of a dead carcass.
The whole global financial reset will transpire, however it will not be on the terms of the present press gangs. The people will in enough quantity awaken, demand change and helped by the hubris of the criminal classes, that change will come about.
Fear is in no way good preparation for what lies ahead. Self education, good information gathering and a critical mind polished will do the trick.
P.S. To understand the macro picture of this global crisis and sham operation read Dmitry Orlov’s brilliant article . A more assiduous, intelligent overview is hard to find. Support him on Patreon for $1 a month or more and get great independent journalism as well as this full article.
If you hold a mortgage, are in default or have had a mortgage in the past and would wish to join the Class Action, you can still do so free here
You can watch the excellent movie The Great British Mortgage Swindle on Amazon Prime
Get the DVD here