| What can this enterprise do to improve it’s service to community? | 1. Full disclosure by both parties.
2. Agreed Consideration by both parties.
3. Full disclosure that the Account Holder created the asset (financial instrument) and that the instrument remains the property of the account holder.
4. Disclosure of the bank’s liability to the account holder for the value of the asset (commercial instrument).
5. Bank to provide a receipt for deposit of the account holder’s asset.
6. Full disclosure from the bank that the account holder’s signature created new credit that is claimed by the bank as a loan, mortgage lending, when it is a deposited asset created by the account holder.
7. Stop charging interest and fees when there is no consideration provided to the account holder by the bank.
8. Bank to acknowledge that the account holder is the creditor not debtor.
9. Bank to cease hiding it’s liability by off balance-sheet accounting and only showing it’s debtor ledger in order to deceive the borrower and the court.
10. Bank to cease selling account holder’s financial instrument to a third party for profit and to credit that value to the account holder as creator and depositor of the instrument.
11. Bank to cease deceiving the account holder that the bank is Holder in Due Course of the Loan Contract.
12. Bank to cease making fraudulent charges to the account holder for loan payments which the bank has no lawful right to since it is not Holder in Due Course of the Loan Contract.
13. As there is no consideration (money) provided to the account holder by the bank, the bank is to cease charging interest which is Usurious.
14. Bank has no true need for a mortgage over the borrower’s property, since the bank has no consideration, no risk and no need for security.
15. Bank to cease extorting unjust payments from the account holder under duress with threat of foreclosure.
16. Bank to cease participating in a securitization scheme whereby debts/promissory notes are bundled and then sold on to a third party/parties via special purpose vehicles, entities or alike processes
17. Bank to confirm whether the Certificate of Title is being held by the bank on a bailee/bailor relationship or on a depositor/borrower relationship. |
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