What banks that received CARES ACT monies own the mortgages and auxiliary agencies that manage the homes and businesses of renters and owners who are looking at eviction and foreclosure?
We need to take action against them. NOW. Billionaires got bailed out. We, the people, are being left high and dry. No one should be put out on the street in a pandemic in winter in America. Not a one. No one should lose what they worked hard to attain because the government shut us down in a pandemic.
We are in pandemic. Where is the government support? Where is the support our taxes should be supporting rather than them financing golfing trips, expensive dinners, lavish ice-cream freezers?
We need to make the banks uncomfortable. We need to make our elected officials uncomfortable. We need to make them pay attention to us and to respond to us right now. Banks got trillions. We are hungry. Elected officials are working at our behest. We are hungry. We are hungry and about to be put out on the street, some of us losing what we worked a lifetime to attain.
We, as a class, need to take action to stall out this eviction crisis in the current context. The people need to stand together. We are the precariat. We are the working poor. We are the middle class. We are those who live paycheck to paycheck. We are those who receive money in exchange for our labor, be it manual or mental. We are the redundant.
We better wake up and take a stand.
Insurance proceeds totaling more than the amount demanded by Beal Bank/MGC Mortgage, Inc. have been received by the bankruptcy department in Lake Zurich, IL, original handler of my mortgage payments, loan modification requests, originator of requests for Affidavits of Heirship and directions to get title to the property without ever mentioning probate.
As MGC Mortgage, Inc. is listed as a lienholder on my homeowner insurance, the checks are made to both of us. I had to endorse the checks and send them to Beal Bank as bankrutcpy payments. It is allegedly illegal for them to take the monies and leave me high and dry for repairs to my home. I want them to continue breaking the law as with them I want no further truck.
However, I expect them to come up with some trick to keep me in bankruptcy and under their thumbs until Rapture. They have managed it this long, portraying me as the irresponsible, underhanded one who failed to report my mother’s death to them until I filed probate. They also claim that they have held this loan from 2003, two years before my mother’s death. These claims are in the court documents, made by attorneys for Beal. In documents from MGC to the FDIC, they admit they had knowledge of my mother’s death from 2008. This makes sense as I paid two other companies for this loan before I began paying MGC Mortgage in 2007-8. Nevertheless, I’m the lie and Andrew Beal is the rich, pretty boy.
We will see . . ..