http://www.foreclosureindustry.com/2009/08/the-mers-database-another-piece-of-the-mortgage-mess/ Latest news, trends and listings in the Foreclosure market. Wed, 08 Sep 2010 21:01:28 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://www.foreclosureindustry.com/2009/08/the-mers-database-another-piece-of-the-mortgage-mess/comment-page-1/#comment-1360 Christine Springer Tue, 22 Dec 2009 00:56:22 +0000 http://www.foreclosureindustry.com/?p=830#comment-1360 Take a look at the Assignment of Mortgage -- who signed on behalf of MERS? They probably work for the attorney's office who is foreclosing. Dial the attorney's office phone number and ask for the person's name who signed the assignment. MERS is probably the party who should be bringing the action but is not -- they're a database! They assign the mortgages at the last minute to the servicer using a flimsy assignment by someone who doesn't even work for them. This is fraud and if you don't explain to the court what's going on, they will take your home. Take a look at the Assignment of Mortgage — who signed on behalf of MERS? They probably work for the attorney's office who is foreclosing. Dial the attorney's office phone number and ask for the person's name who signed the assignment. MERS is probably the party who should be bringing the action but is not — they're a database! They assign the mortgages at the last minute to the servicer using a flimsy assignment by someone who doesn't even work for them. This is fraud and if you don't explain to the court what's going on, they will take your home.

]]> http://www.foreclosureindustry.com/2009/08/the-mers-database-another-piece-of-the-mortgage-mess/comment-page-1/#comment-1053 Christine Springer Mon, 21 Dec 2009 19:56:22 +0000 http://www.foreclosureindustry.com/?p=830#comment-1053 Take a look at the Assignment of Mortgage -- who signed on behalf of MERS? They probably work for the attorney's office who is foreclosing. Dial the attorney's office phone number and ask for the person's name who signed the assignment. MERS is probably the party who should be bringing the action but is not -- they're a database! They assign the mortgages at the last minute to the servicer using a flimsy assignment by someone who doesn't even work for them. This is fraud and if you don't explain to the court what's going on, they will take your home. Take a look at the Assignment of Mortgage — who signed on behalf of MERS? They probably work for the attorney's office who is foreclosing. Dial the attorney's office phone number and ask for the person's name who signed the assignment. MERS is probably the party who should be bringing the action but is not — they're a database! They assign the mortgages at the last minute to the servicer using a flimsy assignment by someone who doesn't even work for them. This is fraud and if you don't explain to the court what's going on, they will take your home.

]]> http://www.foreclosureindustry.com/2009/08/the-mers-database-another-piece-of-the-mortgage-mess/comment-page-1/#comment-1051 D Dakins Mon, 21 Dec 2009 08:20:09 +0000 http://www.foreclosureindustry.com/?p=830#comment-1051 Bank of America recently filed an Assignment of Deed of Trust on our house naming MERS as the Assignee (obviously to take over the forclosure process for them on our home). <br>Question: From what I have read here, it appears that Mers has no authority to pursue such action. Any comment ? Bank of America recently filed an Assignment of Deed of Trust on our house naming MERS as the Assignee (obviously to take over the forclosure process for them on our home).
Question: From what I have read here, it appears that Mers has no authority to pursue such action. Any comment ?

]]> http://www.foreclosureindustry.com/2009/08/the-mers-database-another-piece-of-the-mortgage-mess/comment-page-1/#comment-193 Qualified Written Requests, RESPA and Mortgage Servicing | Foreclosure Industry Sun, 23 Aug 2009 06:15:13 +0000 http://www.foreclosureindustry.com/?p=830#comment-193 [...] closing, which may not reflect the true and current owner of the note. See the blog post about MERS here for more information on this [...] [...] closing, which may not reflect the true and current owner of the note. See the blog post about MERS here for more information on this [...]

]]> http://www.foreclosureindustry.com/2009/08/the-mers-database-another-piece-of-the-mortgage-mess/comment-page-1/#comment-122 Best Refinance Mortgage Calculator Wed, 12 Aug 2009 21:17:23 +0000 http://www.foreclosureindustry.com/?p=830#comment-122 [...] Arent Mortgage Settlements Then, a few months later, you find out that your property is in foreclosure again, because the party who collected your money a few months ago didn’t actually own the Note, and fef the true owner was never properly paid. What a nightmare! [...] [...] Arent Mortgage Settlements Then, a few months later, you find out that your property is in foreclosure again, because the party who collected your money a few months ago didn’t actually own the Note, and fef the true owner was never properly paid. What a nightmare! [...]

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