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RADHA Loan
Is Banking Crisis an Accounting Mistake? (Part I)
Bank & Insurance Paying-off Same Mortgage
How many names can you think of for ‘home loan?’
Mortgage. Securities. Credit-default-swaps?
Different names, same loan.
Therein lies the heart of the problem and the answer to this banking crisis.
Let’s take it from the beginning:
The homeowner asked for a home loan of (say) $200,000.
Lender said yes and loaned this loan and now called it a MORTGAGE.
The lender took this mortgage and ...
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The ‘Other Way’ To Rid All ‘Toxic Loans’ (Part II)
Pay Down Home Owner with 40% rather than Bank with 80%
The ‘OTHER WAY’ to get rid of all ‘toxic loans’ (besides bank bailouts) would be to refinance all ‘underwater’ homes (that owe more than they are worth). No More ‘Underwater Homes.’ No More ‘Toxic Loans.’
(Refinancing homeowners is described in Part I: Banks & Insurance Paying off Same Loan.’
The benefits of refinancing homeowners (in place of banks):
• It cost about 5% to 10% the price (of ...
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Finance Bail-Out with Banks Write-down (Part III)
(Bank Bailout Cost 3x More)
In Part I, we demonstrated how the bank and insurance company have been writing off the same mortgage when writing down their own set of securities. (Each has a duplicate of the same mortgage security so the write down by the bank is also writing down the same mortgage for the insurance company too, and visa verse. A 35% write down by each is a combined write down of 70%.)
In Part II, we summarize ...
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Trillion Dollar Discovery:
Banks & Insurance Paying Off Same Loan
Here's the latest. Everything is summarized in my letter to Carlos.
Hi Carlos,
Thank you for this ACRON report. It offers some very exciting prospects for our RADHA mortgage program.
I’ve just finished the re-write of the RADHA Manual. It took a month. (I’ve been off line during this time.) Writing about the RADHA Loan uncovered some extraordinary new insights to this housing crisis ...
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RADHA LOANS: An Effective Solution to the Real Estate Crisis that is Simple, Affordable & Fast
SYNOPSIS
Name: The RADHA Group
RADHA:
R = Real Estate
A = Association for
D = Depreciating
H = Housing
A = Assets
Named after the Goddess of Devotion. This mortgage program has had a series of names as the program evolved from Compound Mortgage, to Duel Mortgage, to Depreciating Mortgage and DepriMortgage, to De-LETO: Depreciating Lease To Own, to FEB: Fast Equity Builder and FAB. We are going ...
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Credit Union Endorses FAB Mortgage
Now have Marketing package.
We have a couple credit unions now using this new mortgage program. Here's their letter of endorsement of how it works and its benefits to homeowners and banks alike.
The letter is by Carlos Calderon, the CEO of the OAS Credit Union. Carlos and Executive Director: Melinda, changed the name of the loan program to FAB for Fast Equity Builder from its old name of DeLETO which stands for Depreciating ...
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Letters
Investors should get a 100%
To: "Dhanesvara (das) (ACBSP) (Kiev - UA)"
Date: Tuesday, May 12, 2009, 5:01 PM
Here's a letter from Dhanesvara
Thank you for this.
The point we make is that banks have already written down 80% of their securities while the actual real estate value and what homeonwers can afford to pay is closer to 40%. If the bank themselves simply transfers these writedowns to the ...
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Response to Trillion $ Discovery
2 Parties Paying Same Loan
From: Raghu John
Date: Monday, March 23, 2009, 9:10 PM
Hi Shoky,
Great to hear from you. Loved the summary by Chris.
He made the point for me so I'll retrace his steps to show how these securities are being paid twice. It’s interesting because Chris demonstrates why Wall Street over looked this simple and obvious fact.
He says: "The insurer /CDS seller insures the ...
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1st Media Coverage
LETO: A Way Out of the Subprime Crisis?
Here's an old article about RADHA from last year. This is the first media coverage on the program. Back then, Feb 08, iIt was still called LETO: Lease To Own.
It was covered by By Alton Gary Simpson
Lead Story
LETO: A Way Out of the Subprime Crisis?
By Alton Gary Simpson
NEW YORK - John "Sri" Raghu Giuffre has been a practicing real estate broker for more than five years and currently ...
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Demo: $750,000
Down Reduced 80%, Monthly 30%
Date: Monday, January 5, 2009, 1:41 PM
HI Kate,
Forward this to your Uncle. Yes, we are new company and happy to take on partners if there is interest, but in general, we are presenting this program to bankers and brokers to show them the added advantages this program will prove to be in moving properties for more money, more quickly over the old mortgage system.
In the case of the property ...
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Patent Application
Great Summary of our Mortgage Program
Attn’y Docket No.: 8081.002P
1
PROVISIONAL APPLICATION FOR
UNITED STATES LETTERS PATENT
of
JOHN RAGHU
for
SYSTEM AND METHOD FOR STRUCTURING FINANCING OF REAL
PROPERTY
Attorney Docket No. 8081.002
TIMOTHY R. DEWITT
24IP LAW GROUP USA, PLLC
600 CAMERON STREET, STE. 408
ALEXANDRIA, VA 22314
Attn’y Docket No.: 8081.002P
1
SYSTEM AND METHOD FOR STRUCTURING FINANCING OF REAL PROPERTY
INVENTOR: ...
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News
New ROOPA Edition @ Lulu.com
@ lulu.com; search under raghu roopa
1 Year and 3 Re-writes, ready to go - almost.
Available at lulu.com.
Search under raghu roopa.
3 Options:
Complete Edition with all chapters available in hard copy.
Abridged Edition with just 8 chapters, also hard copy or
Free down load with just the Summary Chapter.
The re-writes on ROOPA have consumed the bulk of my writing time - which comes to just a couple hours a day. This has ...
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ROOPA BOOK Available on-line
Lulu.com carries ROOPA
ROOPA is now available for distribution at Lulu.com. Just search under roopa or raghu or tax reform at the lulu site. ROOPA: Responsibility for One's Own Product's & Actions will come up and sells for about $9 not including shipping. We will also be adding in other editions such as an internet download copy, sample copies with just 4 chapters and large and small book sizes. We will have those editions ...
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Chapters
ROOPA Summary Part A:
Social Cost: The Magic Bullet of Social Policy & Tax Reform
The Savings, Efficiencies & Fairness of a Social Cost Based Tax System Called ROOPA:
Responsibility for One’s Own Products & Actions
ROOPA is the tax program you’ve been waiting for. ROOPA can cut taxes by half while still doubling benefits and programs.
ROOPA’s secret is simple. ROOPA works from a social cost based approach to develop new found economic policy platforms. “Social costs” are ...
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ROOPA Summary Part B
Science Based Policy versus Ideology: The Mechanics of
Alcohol demonstrates how its social costs effectively high light ALL the points of greatest economic liability thereby underscoring where intervention will be most effective. This example of Alcohol shows we have 3 prime areas of cost:
45% = alcoholics;
40% = dunk drivers and
15% = all other drinkers combined.
Knowing this ‘break down’ allows us to separate out 85% of the social cost by ...
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Summary Part C
Duel Tax System: Flat Tax meets Vice Tax = Barata + DOTS
This brings us to one of ROOPA’s greatest political advantages. ROOPA blends the best initiatives of both political parties. Doing this allows ROOPA to lay the broadest common ground for real bipartisanship.
Republicans have been pushing the Flat Tax for decades. Meanwhile, Democrats never get enough of their Vice Tax. Democrats are always levying a growing number of taxes on to cigarettes, liquor, ...
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Summary Part D
How Barata & DOTS Work with a DUI
The last chapter section introduced DOTS: Defined Optional Spending. Now we will show you how it all comes together into a working policy program.
This DOTS system by ROOPA is a unique feature unmatched by the cookie cutter tax policies of the day. DOTS gives us a mechanism that is interactive to our own life style. The young, gay man can designate his ‘extra taxes/cash’ towards AIDS funding. ...
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Summary Part E
COTAS: Consolidated Tax Spending
We still have one last bonus: Cotas = Consolidated Tax Spending. This feature will stand as a ROOPA trade mark. Cotas will be applied to every possible industry. ROOPA will consolidate 85% of all tax revenues of each industry and place it into a single program. This program will be dedicated to reducing the social cost of that industry. Washington can no longer touch these tax revenues for any other ...
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Introdcution
The Abyss of Political Activism & the Reforms Discovered
The Abyss of Political Activism & the Reforms Discovered
The ROOPA journey may be more of a story of why you should avoid today’s media rather than about some specific proposal. Spend too much time watching the news or reading the paper, and you are likely to find yourself called to justice or filled with all sorts of heady ideas. Justice or big ideas, either way, you are going to turn an otherwise ...
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Blog
Himalayan Christmas Gift
Here's a story developed by a good friend and me.
Written By Maddy Brinkman; Story By John ‘Raghu’ Giuffre
That time of year when dads get to spend money blew into town faster this year. I had been up to the hills and cut a tree for the living room. The usual stocking hung above the fireplace. In a few years, they would become my son's acne-fertilizer. But not yet.
I carefully climbed the ...
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Save Our Homes March NY-DC
I may start the New Year with a trip to Washington DC. I would like to do this by foot, but the weather is scarying me. lol I do this in solidarity for the growing homeless and to find an easy medium of expression from the grass roots level for us to speak as a community. If I go ahead with this, I maybe off line, but will give up dates as I get to a computer. Here's the add I posted on Gregs list ...
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600 Mailouts, 300 Correspondence
Several highlights about Mortgage Program
I wrote up a “Summary of my Year” and I sent it out to about 600 contacts of all the friends & family on 4 of the 6 email accounts I have. I sent these out in increments of 10 to 20 at a time so there would be no chance of any one getting my entire mailing list which seems to happen sometimes. It took me all day to do it. I received about 80 responses and have had some 300 exchanges from this mail-out. ...
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New Mortgage is a Duplicate of Auto Lease & 'Interest- Only' Loans
J*** B*** Esq.
My dear J****,
... As for your concern that it is 'not embraced by a major bank yet and not similar program already out there on Wall Street' is an issue that has also been identified and discussed.
This system duplicates the auto lease system used by millions of drivers who lease a car from the automobile industry. All we are doing is applying this same system to the real estate market ...
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Summary of Company
Not if, but When
Hi Victor,
I know how busy you are, but I also know you still take time to look at new business opportunities. I think we have enough material with this mortgage program, that it may finally peek your interest as well.
Since I've last approached you about this, we've filed the patent for the product and the paper work for a company. We have raise some general interest and now have ...
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Status of Mortgage Program
Company Ready to Go, looking for Investors
Here's the latest status with our efforts to promote our New Mortgage program.
To: "Vikas Bajaj" NY Times Journalist. Date: Thursday, October 30, 2008, 2:58 PM
Hi Brajaj,
Great to hear from you. This is a good story that should be breaking in the next month or two. You may find it worth getting a jump start on it. Happy to provide you with any back ground info.
...
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15 Reasons to bailout homeowners over banks
Help American family, solve real estate crisis fully & quickly
Press Release For PRWeb
Sponsored by roopa.org & Save Our Homes March
Save Our Homes March will culminate with our Sept. 28th Day of Prayer for our fellow homeowners with a 12 noon rally at Thompson Square Park in NY City. This occasion will be observed with a fast from food, water and man-made shelter by Mr. Raghu Giuffre in solidarity for America’s homeowners.
This will be preceded with ...
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Press Release
Please Approve for Tomorrow Release
On Sun, 9/21/08, Raghu John wrote:
From: Raghu John
Subject: Take Center Stage of issue with this Press Release for tomorrow
To: "Carlos Calderan" <@oas.org>, "Lautaro (Lot) Diaz" <@nclr.org>, "Melinda Willson" <@oas.org>, "J Dorsey" <@msn.com>, "Robin Read" <@womenlegislators.org>, "Jennifer Rosen" <@womenlegislators.org>, "Tom Espinoza" <@razafund.org>, "John ...
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