Why over value your property. So you get more money loaned to you. If I did that I'd be in prison.

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Bidencrimefamily
25 Feb 2024 1:47 pm
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And Trump only has to pay I fine.

What a joke.
 
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righteous
25 Feb 2024 3:14 pm
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Bidencrimefamily » 25 Feb 2024, 2:47 pm » wrote: And Trump only has to pay I fine.

What a joke.
THE TRUMP CASE IS THE CORRUPT EXPLOITATION OF A BROKEN AND POISONED JUDICIAL SYSTEM.

ONE DOESN'T OVERVALUE HIS PROPERTY FOR A COMMERCIAL LOAN.
IT'S UP TO THE LENDING INSTITUTIONS FOR APPROVAL. 
MANY COMMERCIAL LOANS ARE UNSECURED REQUIRING NO COLLATERAL

WITH REGARDS TO SECURED COMMERCIAL LOANS: IN ORDER TO ENSURE THAT THE PARTICULAR COLLATERAL PROVIDES APPROPRIATE SECURITY, THE LENDER WILL WANT TO MATCH THE TYPE OF COLLATERAL WITH THE LOAN BEING MADE. THE USEFUL LIFE OF THE COLLATERAL WILL TYPICALLY HAVE TO EXCEED, OR AT LEAST MEET, THE TERM OF THE LOAN. 

IF THE COLLATERAL IS REAL ESTATE, THE SEARCH OF PUBLIC RECORDS IS OFTEN DONE BY A TITLE INSURANCE COMPANY. THE COMPANY PREPARES A "TITLE REPORT" THAT REVEALS ANY PRE-EXISTING RECORDED SECURED INTERESTS OR OTHER TITLE DEFECTS.

TO FURTHER LIMIT THEIR RISKS, LENDERS USUALLY DISCOUNT THE VALUE OF THE COLLATERAL SO THAT THEY ARE NOT EXTENDING 100 PERCENT OF THE COLLATERALS HIGHEST MARKET VALUE. THIS RELATIONSHIP BETWEEN THE AMOUNT OF MONEY THE BANK LENDS TO THE VALUE OF THE COLLATERAL IS CALLED THE LOAN-TO-VALUE RATIO. THE TYPE OF COLLATERAL USED TO SECURE THE LOAN WILL AFFECT THE BANKS ACCEPTABLE LOAN-TO-VALUE RATIO.

 
 
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*rippy38
25 Feb 2024 3:17 pm
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Bidencrimefamily » 25 Feb 2024, 2:47 pm » wrote: And Trump only has to pay I fine.

What a joke.
The bank is responsible for verifying the value of any collateral you are putting up as a stipulation on giving you the loan.

You don't have any idea how this works do you?

:die:  
 
The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people
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31st Arrival
25 Feb 2024 3:25 pm
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Weren't the charges based upon loans that were repaid on time agreed between loaning institution and borrower. This is trump up charges against Trump.

the irony of word play.

think the DA's doing this are watching the case against Trump in Georgia setup the same way in different parts of the country and everyone is to believe there wasn't collusion between them all?

Karma coming back on every intellectual soul abusing power of suggesting life isn't self evident globally. Willis and Wade are the first wave and the judge is going down with them.

this thread is debating ethics not morality, legality, economic theories. it is being done to set a precedent forward to be used against anyone defying their(DA and Judge's) reality's chain of command.

that global police state of mind our laws or else.
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PhiloBeddo
25 Feb 2024 6:39 pm
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Only stupid libs think that banks take your word for it. **** idiots.
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RebelGator
25 Feb 2024 7:56 pm
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RedheadedStranger » 25 Feb 2024, 4:17 pm » wrote: The bank is responsible for verifying the value of any collateral you are putting up as a stipulation on giving you the loan.

You don't have any idea how this works do you?

Image
That jacksss had to get a 7 year mortgage to finance his refrigerator box, so I'd say, no.
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*GHETTO BLASTER
25 Feb 2024 8:01 pm
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Bidencrimefamily » 25 Feb 2024, 2:47 pm » wrote: And Trump only has to pay I fine.

What a joke.
You look so **** stupid........get back to your french fry station Beavis...!!!
 
Buck Naked
25 Feb 2024 8:02 pm
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Bidencrimefamily » 25 Feb 2024, 2:47 pm » wrote: And Trump only has to pay I fine.

What a joke.

it’s up to the loaner to perform their own due deligence on what to loan they’d be stupid not to
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*rippy38
25 Feb 2024 8:04 pm
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CYNICAL OLD CUSS
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Bidencrimefamily » 25 Feb 2024, 2:47 pm » wrote: And Trump only has to pay I fine.

What a joke.
"only has to pay a fine..."

Like you could even pay a speeding ticket.

😂
The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people
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righteous
25 Feb 2024 8:25 pm
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Bidencrimefamily » 25 Feb 2024, 2:47 pm » wrote: And Trump only has to pay I fine.

What a joke.
WHERE DID YOU GO PENIS BREATH?
YOU SURE ARE HURTING AFTER I BITCHSLAPPED YOU
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golfboy
25 Feb 2024 8:28 pm
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Bidencrimefamily » 25 Feb 2024, 2:47 pm » wrote: And Trump only has to pay I fine.

What a joke.
Clearly you've never run a business, or gotten a loan.
You estimate the value of your property.
It is the LENDER'S responsibility to ensure your property is of enough value to be used a collateral for the loan.
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Sumela
25 Feb 2024 9:15 pm
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Murica will never recover from this.

Trump, Biden, Banks, blah blah....

Meanwhile 90% of diseased MURICA
cheers the death of 14,000 Pali kids.

SOW/REAP....suck on it bitches
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RebelGator
25 Feb 2024 9:24 pm
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Sumela » 25 Feb 2024, 10:15 pm » wrote: Murica will never recover from this.

Trump, Biden, Banks, blah blah....

Meanwhile 90% of diseased MURICA
cheers the death of 14,000 Pali kids.

SOW/REAP....suck on it bitches

Every Palestinian terrorist used to be a Palestinian kid.
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Sumela
25 Feb 2024 9:41 pm
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RebelGator » 25 Feb 2024, 10:24 pm » wrote: Every Palestinian terrorist used to be a Palestinian kid.
Okay Biden.   You Empire boys are creepy
 
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31st Arrival
26 Feb 2024 4:50 am
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RebelGator » 25 Feb 2024, 8:56 pm » wrote: That jacksss had to get a 7 year mortgage to finance his refrigerator box, so I'd say, no.
You know how to remain all you been since conceived facing 8 billion corrupted soles adapting in space same time you are alive? Naturally you do as you are doing it here protecting reasonable doubt like a perfect citizen of humanity.

your brain is feeling like your head is about to explode if you actually reading this post.
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Zeets2
26 Feb 2024 9:18 am
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Bidencrimefamily » 25 Feb 2024, 2:47 pm » wrote: And Trump only has to pay I fine.

What a joke.
Can you name a single person who has EVER gone to jail for overvaluing their property on a loan application?

Just one will do!

And Trump will pay NOTHING once he wins on appeal.
 
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Bidencrimefamily
26 Feb 2024 9:48 am
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Why did trump do that? You don't get to defraud people like that.
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*Huey
26 Feb 2024 10:06 am
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Bidencrimefamily » 25 Feb 2024, 2:47 pm » wrote: And Trump only has to pay I fine.

What a joke.
 


 
But, testifying for the defense, managing director David Williams said the bankers viewed clients’ reports of their net worth as “subjective or subject to estimates” and took its own view of such financial statements.

 “I think we expect clients-provided information to be accurate. At the same time, it’s not an industry standard that these statements be audited. They’re largely reliant on the use of estimates,” Williams said, so bankers routinely “make some adjustments.” At times, the bank pegged Trump’s wealth at several billion dollars lower than he did, according to documents and testimony. In 2019, for example, Trump’s financial statement listed his net worth at $5.8 billion, which the bank adjusted down to $2.5 billion.But Williams said such differences weren’t necessarily unusual or alarming.

And:

“The bank conducted its own due diligence. The bank had no problem with a $2 billion or a $3 billion difference,” defense lawyer Christopher Kise said. He argued the lender wasn’t harmed because it “didn’t change what it did based on what President Trump submitted.”

 https://apnews.com/article/trump-fraud- ... .%E2%80%9D
 
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PhiloBeddo
26 Feb 2024 10:08 am
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You libs are beyond corrupt. You should all kill yourselves.
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*GHETTO BLASTER
26 Feb 2024 10:17 am
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Bidencrimefamily » 26 Feb 2024, 10:48 am » wrote: Why did trump do that? You don't get to defraud people like that.
List all the people who were defrauded by this successful loan arrangement that took place between Trump and his Lender.
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