Why wouldn’t this apply to every single homeowner because in essence, no lender has “consideration” do they?

That’s right. Kind of a trip when you think about it. Now just think about the huge wave of defaults on mortgages and other debts that is starting. All was created out of thin air from the privately run Federal Reserve and it’s web of commercial banks around it.

A small group of people is going to own everything when this tsunami is done. All from something that is imaginary, created with a keystroke, electrons on a screen. If one wanted to look at this as a huge scam one could. Because the guys who caused this mess are going to own it all in the end and leave us all debt slaves to their imaginary money. Ironically, we will give them things of real value for the fake money they created. Fundamentally our monetary system is modern day wizardry and smoke and mirrors.

Tom Jefferson understood the endgame.

“I believe that banking institutions are more dangerous to our liberties than standing armies . . . If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] . . . will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered . . . The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” — Thomas Jefferson — The Debate Over The Recharter Of The Bank Bill, (1809)