Mr. Daly argued, and by some means bought the financial institution to confess, that they created the cash with a stroke of a pen at the time of the mortgage (and that there was no actual official law empowering them to take action.) Since the financial institution did not "put up" anything of worth (other than the ink from the pen) for Mr. Daly's residence mortgage, there was no consideration, therefore the mortgage settlement was null and void.