Was this the impetus to "forgive" mortgage loans in favor of committed donation rates? To plan mass sales?
That was actually a genius move and had a lot of positive gains for the Borg. In the past, the congregation kept their money with the branch but the congregation could always move it back and it went into the congregations account again and they'd have to pay it back. Now, it's 100% theirs and the congregation can't transfer it back or use it how they please. It's 100% the branches money. With just $3,000+ the congregation is limited in ANY work they want to do. It forces them to go through the branch and to not spend their money without the branch giving the approval, if at all.
2ndly, having a loan gave the impression that the congregation owned the hall and they were paying it back. Now, it's 100% the branches, paid in full, no questions asked.
The biggest gain, halls that had no mortgage are now giving money to the branch. Think of each hall being a franchise with them each paying the franchise owner a fee for the rights to worship. Every hall is now in this never ending mortgage. It was spun as them not being on the hook for future remodels. Let's face it, they aren't getting a remodel and when that time comes it will most likely be sold in favor of the new commercial hall.
I know a lot of elders who are business men that saw right through this money grab for what it's worth. More than many on here would think.
Another huge point is that they pride themselves on not passing a plate or tithing it's members. How do you get around that without the members noticing? You tithe the place of worship and make it appear to your average Joe that you forgave the loan. It's really deceitful and is actually more expensive than the previous method.
I have to give them props, it was a brilliant move, a move that your average, uneducated Joe publisher will never pick up on.