This case law summary highlights key legal principles on jurisdiction, standing, and procedural requirements in financial and mortgage-related cases. Courts consistently void judgments rendered without proper jurisdiction and emphasize the need for plaintiffs to demonstrate legal standing. Fraudulent lending practices, including violations of federal regulations, have led to dismissals with prejudice. Corporate overreach by banks is curtailed through rulings that prohibit lending credit and ultra vires contracts. Evidentiary standards stress the sufficiency of affidavits and the duty to disclose information to prevent fraud. Contract principles underscore the nullification of agreements based on illegal consideration
Many people are banking incorrectly, misunderstanding the true nature of financial obligations and the protections available to them under the law. According to 18 U.S. Code § 8, an "obligation or other security of the United States" is defined broadly, indicating that all such obligations fall under the purview and responsibility of the U.S. Treasury. This includes Federal Reserve bank notes, coupons, United States notes, Treasury notes, gold certificates, silver certificates, fractional notes, certificates of deposit, bills, checks, or drafts for money. This has profound implications for how we understand debts and bills.
In order for you to understand the full import of what is happening, I must explain certain laws to you. […]