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smustangs
04-25-2007, 09:58 PM
A New Orleans lawyer sought an FHA loan for a client who lost his house in
Hurricane Katrina and wanted to rebuild.. He was told the loan would be
granted if he could prove satisfacto ry title to the parcel of property being
offered as collateral. The title to the property dated back to 1803, which
took the Lawyer three months to track down. After sending the information to
the FHA, he received the following reply:

(Actual letter):
"Upon review of your letter ad joining your client's loan application, we
note that the request is supported by an Abstract of Title. While we
compliment the able manner in which you have prepared and presented the application,
we must point out that you have only cleared title to the proposed
collateral property back to 1803. Before final approval can be accorded, it will be
necessary to clear the title back to its origin."

Annoyed, the lawyer responded as follows:
(Actual Letter):
"Your letter regarding title in Case No. 189156 has been received. I note
that you wish to have title extended fur ther than the 194 years covered by
the present application. I was unaware that any educated person in this
country, particularly those working in the property area, would not know that
Louisiana was purchased, by the U.S., from France in 1803, the year of origin
identified in our applica tion. For the edification of uninformed FHA
bureaucrats, the title to the land prior to U.S. ownership was obtained from France,
which had acquired it by Right of Conquest from Spain. The land came into the
possession of Spain by Right of Discovery made in the year 1492 by a sea
captain named Christopher Columbus, who had been granted the privilege of
seeking a new route to India by the Spanish monarch,
Isabella. The good queen, Isabella, being a pious woman and almost as
careful about titles as the FHA, took the precaution of securing the blessing of
the Pope before she sold her jewels to finance Columbus' expedition.

Now the Pope, as I'm sure you may know, is the emissary of Jesus Christ,
the Son of God, and God, it is commonly accepted, created this world.
Therefore, I believe it is safe to presume that God also made that part of the
world called Louisiana. God, therefore, would be the owner of origin and His
origins date back to before the beginning of time, the world as we know it AND
the FHA. I hope you find God's original claim to be satisfactory. Now, may
we have our damn loan?"

He got the loan