It’s Our Money with Ellen Brown - Who Really Owns Your Home? - 07/16/14

If you've got a mortgage, you probably assume that the folks receiving your
monthly payments are the ones holding your deed. But in Montgomery County,
PA., a dedicated Recorder of Deeds recently won a significant court battle
over the common bank practice of not recording changes in mortgage ownership
when they pool them into secured instruments for investors, stiffing local
governments of billions of dollars in fees and ruining their recorded
historical chain of property ownership. Ellen speaks with Nancy Becker and
the attorneys who pulled off this class-action local government victory.
Meanwhile, local mayors around the country have taken a formal stand for
enabling local post offices to serve their un-banked citizens who are
regularly gouged by pay-day lenders. Co-host Walt McRee speaks with Ira
Dember of BankACT about recent successes in the rapidly growing national
movement to turn post offices back into neighborhood banking centers.