Scott Duncan
OK, let me dumb this down for you.
My LEGAL name is LIENED. This means the SECURED PARTY has FIRST RIGHT OF REFUSAL to ANY CLAIM MADE ON THAT NAME. The REASON a bank won't give you a loan/mortgage, is because YOU ARE UNDER NO LEGAL OBLIGATION TO PAY IT BACK. The SECURED PARTY is the ONLY one you legally "owe".
Would YOU "loan" money (By "loan" I mean CREATE DEBT AND OBLIGATION for which you are surety.) to someone who had NO legal obligation to pay it back?