CHASE MORTGAGE WORKOUTS

Over the past two years, we've helped prevent more than 330,000 foreclosures, primarily by modifying loan terms.

That's what Chase said (Thursday, March 12, 2009) on its website. With real unemployment rates hitting somewhere in the neighborhood of 19% (way above "official" figures) and with more and more older people pouring back into the labor market competing for low wage jobs putting downward pressure on wages and salaries, we can't emphasize enough the importance of individuals taking an aggressive position concerning remaining in their homes. We don't mean taking a violent position. The RLCC isn't advocating doing things to get arrested. We mean doing everything possible including questioning the laws allowing people to be put out on the street at a time when huge corporations have been bailed out at taxpayer expense. People should exhaust every remedy and reasonable suggestion even so-called squatting where law-enforcement has shown sympathy and if one has no place to go except the streets.

This is an emergency public-policy issue that will not receive the needed attention it deserves before people start dying from the financial depression or people do things to hit the news before it's too late for them.

So, contact the banks. Renegotiate everything. Downsize. There are plenty of foreclosed homes on the bank's books.

Now, Marcy Kaptur of Ohio has made the suggestion from the floor of the U.S. House of Representatives that people demand to see the promissory note as proof that they even owe anything. People know whether or not they took out loans. We aren't suggesting people deny the truth that they borrowed. Courts aren't going to cause mortgage companies to write off all such loans when there are many supporting documents to show that the borrower did in fact borrow the money. What were they making payments for in the first place if they never had a loan? It's a specious approach, and we don't need more dishonesty. We need less and none at all. Use the legitimate means. The movement of the people will be toward not allowing others to die on the streets if we can simply get the truth in front of the people. That's the challenge when the banks still control the money that controls the corporations that control the mainstream mass media.

The Congress is working on legislation that might allow judges to reset loan terms.

If you do a workout with a bank, try to get a fixed rate loan. If inflation comes back with a vengeance due to huge government fiscal deficits, interest rates will be set higher and higher to wring out that inflation. Lower the payment by lowering the principal (home value), lowering the interest rate, and extending the term from 15 years or 30 to even 40 years if necessary.

Watch out for foreclosure-rescue fraud. It's rampant.

  • Make sure your counselor is certified by the Department of Housing and Urban Development (HUD). http://www.hud.gov/.
  • Don't sign away your home without being released from the mortgage.
  • Have an independent real estate attorney evaluate any deals before you commit.

(See: "Mortgage Foreclosure Rescue Scams." Fraud Guides. Last accessed: Sunday, March 15, 2009.)

One in 8 US homeowners is delinquent or in foreclosure. The scammers know this and know how to find out who they are. Use all the free community services available too. Not everyone can afford an attorney. Look for those who are doing pro bono work.

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Tax-exempt section 501(c)(3) organizations like churches, universities, and hospitals must follow the law regarding political campaigns. Unfortunately, some don't know the law.

Under the Internal Revenue Code, all section 501(c)(3) organizations are prohibited from participating in any political campaign on behalf of (or in opposition to) any candidate for elective public office. The prohibition applies to campaigns at the federal, state and local level.

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Many religious organizations believe, as we do, that the above constitutes a violation of the First Amendment of the US Constitution.

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

That said, we make the following absolutely clear here:

  • The Real Liberal Christian Church and Christian Commons Project not only do not endorse any candidate for any secular office, we say that Christianity forbids voting in such elections.
  • Furthermore, when we discuss any public-office holder's position, policy, action or inaction, we definitely are not encouraging anyone to vote for that office holder's position.
  • We are not trying to influence secular elections but rather want people to come out from that entire fallen system.
  • When we analyze or discuss what is termed "public policy," we do it entirely from a theological standpoint with an eye to educating professing Christians and those to whom we are openly always proselytizing to convert to authentic Christianity.
  • It is impossible for us to fully evangelize and proselytize without directly discussing the pros and cons of public policy and the positions of secular-office holders, hence the unconstitutionality of the IRS code on the matter.
  • We are not rich and wouldn't be looking for a fight regardless. What we cannot do is compromise our faith (which seeks to harm nobody, quite the contrary).
  • We render unto Caesar what is Caesar's. We render unto God what is God's.
  • When Caesar says to us that unless we shut up about the unrighteousness of Caesar's policies and practices, we will lose the ability of people who donate to us to declare their donations as deductions on their federal and state income-tax returns, we say to Caesar that we cannot shut up while exercising our religion in a very reasonable way.
  • We consider the IRS code on this matter as deliberate economic duress (a form of coercion) and a direct attempt by the federal government to censor dissenting, free political and religious speech.
  • It's not freedom of religion if they tax it.

And when they were come to Capernaum, they that received tribute money came to Peter, and said, Doth not your master pay tribute? He saith, Yes. And when he was come into the house, Jesus prevented him, saying, What thinkest thou, Simon? of whom do the kings of the earth take custom or tribute? of their own children, or of strangers? Peter saith unto him, Of strangers. Jesus saith unto him, Then are the children free. (Matthew 17:24-26)

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  • Tom Usher

    About Tom Usher

    Employment: 2008 - present, website developer and writer. 2015 - present, insurance broker. Education: Arizona State University, Bachelor of Science in Political Science. City University of Seattle, graduate studies in Public Administration. Volunteerism: 2007 - present, president of the Real Liberal Christian Church and Christian Commons Project.
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