SPS LOST MY NOTE
PLEASE SUBSCRIBE THANKS Convertingthe Note to Shares Your bank took title in exchange for the cancellation of the note (debt) treated as satisfied. The title is converted into shares issued in trust and these shares are sold back to you. You paid for the shares from your wire into closing agent that was placed on deposit. The wire is paid to you as ordinary income over 10 years as shown on the servicing issued taxpayer 1099 form. The amount your are attibuted is credited back to lender as rents for the time in the home. Call it an ingenious tax matter partnerhip or one hell of a tax scam. The fact is you are the creditor wih the right to repurchase your home for a nominal value e. g. 100 So dont go crying fraud yet PLEASE COMMENT
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