US banks practiced predatory lending, made it easy to borrow and drove prices up. Many fell for it and purchased a home or took a 2nd mortgage that they really couldn’t afford. The banks then tightened credit forcing real estate prices to collapse.
The government bailed out the banks after Henry Paulson got away with the largest stick-up heist in American History.
The banks used most of the monies to buy out other banks, pay themselves huge bonuses, and transfer huge amounts of monies to international banking cartels with globalist agendas.
Few Americans have been able to get hardship refinance loans. They are designed to be a false front or lip service to cover up a much more sinister, profitable scheme.
As you wait for your hardship refinance, the banks may already begin foreclosure on your home. They may repeatedly say they’ve lost your personal and business bank statements as they delay the process.
If you can somehow bring your account up to date, they may try and charge you thousands of dollars of additional fees plus tens of thousands in lawyer fees.
If that doesn’t get you angry, please watch this a friend sent and renamed, Why banks don’t like to modify mortgages.