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The Loan
A New Orleans lawyer sought an FHA loan for a client.
He was told the loan would be granted if he could prove satisfactory title to a 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 adjoining 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 (actual letter):
"Your letter regarding title in Case No. 189156 has been received. I note that you wish to have title
extended further than the194 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 application. 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's 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?"
The loan was approved.


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