Shaun

If your mom dies with a 2.6% mortgage, her bank can tell you to refinance at 7.1% or lose the house My friend heard that 3 weeks after the funeral. Loan officer said "sorry for her loss" and asked for 2 years of W-2s She'd spent those 2 years out of work taking care of her sick mom Her credit score had dropped to 590 by then. 2 other banks denied her, and she got 60 days So she called me, because I'm known for buying inherited houses. The house was worth $330,000, with $265,000 left on the loan. I offered $285,000. She'd have walked away with about $20,000 and no house, and I'd have made about $40,000 Then I asked her to read me what the bank said, and I took my offer back Her mom's payment was $1,201. The new one would've been $1,781. That's $174,000 more over the next 25 years, for the same house Since 1982, federal law has protected transfers of homes to relatives after the owner's death. The bank can't call the mortgage due just because the house was inherited And since 2018, federal rules have required mortgage servicers to treat confirmed successors in interest like borrowers for servicing purposes She didn't need to qualify for a new mortgage just to keep paying the existing one. No new loan, no new interest rate, no 2 years of W-2s Same rate. Same payment. We asked for the successor in interest department, not the refinance desk, and sent this certified mail with the death certificate and the deed: "My mother, [name], died on [date]. I inherited her house at [address] and I live there. I am a successor in interest under 12 CFR 1024.31. Please tell me in writing what else you need to confirm me. I am not applying for a new loan" 5 weeks later her name was on the account at 2.6% You have to prove you're a qualifying successor, and you have to keep making the mortgage payments while they process it. The bank can ask for proof of inheritance. It can't automatically force you to refinance just because your mom died Send this to your siblings before one of you has to make that phone call That loan officer is telling somebody else's kid the same thing today

Here's how this will work if the Democrats retake the house: There will be a big push for AI regulations that lock out open-weight and open-source AI models. The lie that will be told is that they're legislating for "safety". The reality will be massive amounts of money flowing from the cloud AI providers and AI-doomer nonprofits in a move actually designed to put a regulatory moat around the cloud providers' business models. They want to put off the day when they're obsolescent as long as possible. Even if it means forfeiting the lead in the AI race to the Communist Chinese.

Sell your car for cash and deposit it, and your bank reports you to the federal government. Move $5,000 in a way a teller doesn’t like, and the bank can file a suspicious activity report on you. If anyone at the bank tells you it happened, they’ve committed a federal crime. You find out when your account gets closed, if you ever find out at all. Banks spend $59 billion complying with the Bank Secrecy Act. They filed 28.7 million reports on Americans. Those reports tipped off 275 investigations. It started in 1968, when a Texas congressman named Wright Patman held a hearing about secret Swiss bank accounts. Patman claimed Americans were using them for tax evasion, stolen Treasury bills, corporate kickbacks and securities fraud. His star witness, U.S. attorney Robert Morgenthau, told Congress that the millions of Americans vacationing in Europe were finding foreign banks ready to help them commit crimes. Members of Congress warned that the bill would gut the privacy of bank customers, choke honest commerce and hand the Treasury Secretary far too much power. They were right. It passed anyway. Richard Nixon signed the Bank Secrecy Act in October 1970, twenty months before his own men were caught breaking into the Watergate. Treasury set the reporting line at $10,000 in 1972 and has never moved it. That is about $80,000 in today’s money after inflation, so the net drops lower every year Congress does nothing. In 1986 Congress made it a crime to keep your deposits under the line on purpose, which means the line catches you whether you cross it or not. By 1996 banks were filing suspicious activity reports on their own customers for anything over $5,000 that looked off to them. After September 11 the Patriot Act bolted eleven more sections onto the law, and last year the GENIUS Act extended the same surveillance to stablecoins. In 2012 banks filed 1,720 suspicious activity reports for every IRS investigation that came out of them. Over the next decade the reports nearly doubled and the investigations fell by half. Last year FinCEN ordered businesses in thirty zip codes along the southern border to report cash transactions as small as $200. One small business estimated it would go from filing nine reports a week to 50,000. A federal court in Texas found the order likely violated the Fourth Amendment and said it was like using a blunderbuss to target a fly. FinCEN answered by raising the line to $1,000 and stretching it over 126 zip codes and 3.2 million people. In 1974 Justice Thurgood Marshall wrote in dissent that forcing a bank to photocopy your checks gives the government as much of a hand in the seizure as if it had sent someone to break into your home and copy them there. Even the justices who upheld the law warned that your financial records reveal your activities, your associations and your beliefs. Two years later, in United States v. Miller, the Supreme Court ruled that the Fourth Amendment does not protect your bank records at all. Repeal the Bank Secrecy Act.

OpenAI CEO Sam Altman believes people owning RAM is wasteful, and that it belongs in data centers instead. "From a global allocation perspective, actually, it’s quite terrible to have everyone have a bunch of the world’s limited supply of DRAM sitting in their own computer."

Trump promised to “Drain the Swamp.” Then he made $2 billion off the presidency. He promised to “Make America Healthy Again.” Then he took healthcare from 15 million people. He promised “No More Wars.” Then he attacked Iran. Say NO to Trump. Say NO to a Republican Congress.

“This is the happiest day of my life” This means everything to this young Brewers fan

BREAKING: Employers worldwide are pulling back on AI as they navigate a flood of errors and low-quality work that sap employee time, raise privacy and security risks, and drive up costs, per the Guardian.

Arrest and jail the Capitalists, the bankers, the landlords, the Zionists, and America's problems would disappear.