EXCLUSIVEHow Kamala Harris and Doug Emhoff took out ten loans totaling $13million on their LA and DC properties – from bank she prosecuted for
Presidential hopeful Kamala Harris and her husband Doug Emhoff have refinanced their luxury properties on the east and west coast ten times with loans totaling $13M.
The second couple, both 59, have borrowed way in excess of what they’re worth – their joint fortune estimated at $8 million by Forbes.
And, surprisingly, their various home loans and lines of credit are all with Wells Fargo Bank, the lending giant Kamala battled when she was Attorney General of California.
Harris was in litigation for years with Wells Fargo just as she and Emhoff were living in a luxury property in the Los Angeles celeb enclave of Brentwood, propped up by the bank’s millions.
he Democrat presidential hopeful helped build her legacy as California’s Attorney General who ‘beat the big banks’.
In February 2012 after the financial crash, Harris won $18 billion in compensation for Californian homeowners facing foreclosure, who she claimed were the victims of predatory lending.
She negotiated with five large lenders – Wells Fargo, JPMorgan Chase, Bank of America, Citigroup and Ally Financial – to stump up the cash.
Along with five county district attorneys, she also successfully sued Wells Fargo in 2016 for $8.5M over privacy violations including recording consumer’s phone calls without the correct consent.
The Bidens have refinanced their properties an ‘astonishing’ 35 times, yielding $6M in cash, the Daily Mail says
https://finance.yahoo.com/news/bidens-refinanced-properties-astonishing-35-105500942.html
Part 2 exposing Wells Fargo shady history and connections to polititicians
Former bank employee of first union bank primarily se us bank.
Sells their credit card portfolio to mbna bank based in de and heavily influenced by Joe Biden .
First union then merges with Wachovia and becomes a national bank and a major player in the mortgage industry and advised employees to never do a mortgage loan for any one with a neg amortization loan, not even an equity loan.2nd mortgage.
Then a company called golden west comes and offers to sell their company that works in neg am loans in 2007. They have a loan called pick a pay. 4 payment options and not 1 default. EVER. Wachovia buys them after preaching never Meg am.
The family was named the Sandlers and they made bank and then the bubble burst. Almost like the sandlers knew it was coming (who was pres) it was so bad snl did a skit about them killing Wachovia. You kind find that skit anywhere , deleted.
Wachovia goes on market in bankruptcy. Wells steps up to buy them and walks away . City steps in and says we might buy ya. Wells comes back and says we never walked away. A fight ensues and and Wells gets a huge mortgage portfolio.
Wells is based in San Fran , Pelosi land, Kamala land and the affiliation to Biden and Delaware.
And that explains how wells walked away and came back to a huge mortgage portfolio and tons of bank customers and their affiliation to San Fran and Biden .
And Kamala money laundering like Biden through her mortgage .
Refis are a common way to launder money.
See part 3 proof
This link has a break down and another mentioned his time at mbna but can’t be copied.
Search Biden and Jill using their home as a personal atm.
The economic times article explains time at mbna and joe and hiring his family
Mbna hired Hunter in 1996
Joe sold a house he bought in the 70’s for 185 k and took many mortgages out on for 1.2 million. To the Vp mbna credit cards.
If you also remeber there was a lot of controversy around Barney frank and Dodd getting cozy with banks and not paying closing costs and mortgage,refis with special rules and if I remeber loans totally forgiven
Connections matter
Look I’m a former banker and loan officer , I also added information about Barney frank getting his mortgages dismissed.
Remember that?
Search mortgage refi and money laundering
Money Laundering and Mortgage Transactions
The “loan-back method” of money laundering involves cleaning money obtained from criminal sources to appear that the money was derived from legal mortgage lending activities. Loans and mortgages are usually taken as a cover to launder money proceedings, and lump sum cash repayments may used to repay the loans.
5 ways money is laundered thru real estate by criminals