Well well well… Looks like Someone is Upset – MERS makes a Comment on 4closureFraud

Now you know when MERS stops by and takes the time to leave a comment on your blog, you know you are making an impact in this ever uphill battle…

I confirmed the ip address and it is authentic.

It came straight out of Merscorp, Inc. Fairfax, Virginia.

Fairfax, Virginia, United States
Merscorp, Inc (66.239.151.2)

This is what they had to say… (my thoughts in italics)

Author : MERSCORP (IP: 66.239.151.2 , 66.239.151.2.ptr.us.xo.net)
E-mail : communications@mersinc.org
URL    : http://www.mersinc.org

Comment:
In the foreclosure process, MERSCORP Inc. (MERS) has been and continues to be an outspoken advocate for all parties, (bs) producing all the required evidence, including the note. If that means taking more time to gather the necessary documents before rushing in and filing a pleading, MERS strongly recommends doing so.

It often takes time to produce fabricate the note. Attorneys for mortgage companies usually are under very tight time pressures from investors third party default services to act quickly. Instead of actually producing the note, (because most notes were intentionally destroyed pg3) many attorneys rely on the practice of filing a “lost note” affidavit. This is a practice that MERS does not support. When MERS forecloses, we require that the promissory note be in our possession endorsed in blank, making MERS the note-holder with the right to enforce it.

4closureFraud

Comments
15 Responses to “Well well well… Looks like Someone is Upset – MERS makes a Comment on 4closureFraud”
  1. Dale says:

    These people must be children of Pelosi to be that dumb, because from the inception, a mortgage loan is a fraud perpetuated upon us because we actually create the money and no one is at risk. It is time this scam gets out in the open.

  2. Stupendous Man - Defender of Liberty - Foe of Tyranny says:

    MERS made a similar post/comment on Cynthia Kourils diary/blog on Firedoglake, found at the following link:

    http://seminal.firedoglake.com/diary/40770

    I don’t believe it is even in the realm of possible for them to believe their own statements.

  3. Ace says:

    HI MERS

    Have you gotten a clue yet.

    YOU ARE ALL GOING TO JAIL

  4. Re: MERS

    “When MERS forecloses, we require that the promissory note be in our possession endorsed in blank, making MERS the note-holder with the right to enforce it.”

    Hmm,sorry MERS,your postion might just be legally invalid..lets see.

    EVEN IF YOU HAD THE PHOTOSHOPPED NOTE IN YOUR POSSESSION, Did you,MERS. provide any consideration with regards to the transfer of the borowers underlying obligation?

    Did you MERS receive the right to accept borrowers mortgage payments with regards to the security instrument?

    Did you MERS clearly define what a “nominee” is in the borrowers mortgage contract?

    WhY were you MERS, not designated as an agent or authorized party, BUT MERELY AS A “NOMINEE”?

    MERS, DO YOU NOT KNOW THAT BY placing the security instrument with a completely different entity than the note holder(with a completely distictly separate address)you now possess a completely uninforceable mortgage? (hint See Powell on Property,and re-review the Landmark v. Kesler decision very closely).

    Are you, MERS, therefore actually not in privity of contract with the borrower?

    Are you MERS merely just another facilitator for this ponzi scheme?

    Did you MERS not realize that the Quants who set this up,didn’t quite think through the individual state property and conveyancing laws,because they were so concentrated on recruiting PhD mathmeticians and Physicists (someNobelprize winning) to deveop highly complex formulas to base their quantitative investment theories to extrapolate was in which borrowers mortgage payments couldtheoretically be used to createthe facade of supporting this house of cards

    Ah yes the pesky property piece,this was were you MERS were formulated by Mozillo & co..but MERS youas an entity are flawed, the investment folks, and the PhD’s didnt quitethink out this piece carefully enough, and unfortunately for you, once you get people to question the processenough toget beyond the typica”well the borrower isnt paying the mortgage so whats the issue stage, this really starts toget exposed for exactly what it is..a sick joke at the expense of America

    Take heed, I will not rest until I bring you down MERS, along with the rest of the banks who help set you up, WHO ARE ALSO NOW TAKING ADVANTAGE OF THE OFF RECORD ASSIGNMENTS OF MORTGAGE TO AN UNDISCLOSED SECURITIZED TRUST (OR FANNIE MAE)AFTER..THEIR ROLE AS ORIGINATOR CLEARLY BECAME SERVICER,YET THEY FRAUDULENTLY STATE BECA– USE THE MORTGAGE IS “RECORDED IN THEIR NAME” THEY “OWN IT”.

    The TARP money was given tothe Banks forall of the “bad mortgages on their books”, right?

    Question..exactly howmany bad mortgages were on the books of the “banks”?

    Answer? ZERO..as all the “mortgages” were sold to securitized trusts long ago.

    Trust me MERS I am not going away,I am your worst nightmare…you may want to scan complaints that I have filed for clients in Massachusetts. While you are at it, there is one in particular you just might want to review that will be heard towards the end of June.

    The time has come to pull back the curtain and expose the larvae that have probably inflicted one the most serious blows to this nation’s future existence..

    Remember, challenge everything, carefully review your mortgage documents, and the records in the county registry of deeds, as well as the prospectus supplement and pooling and servicing agreement make sure you see how all the dates do not matchup,most critcally that the cut off date was not complIed with.

    This can and will be put to an end once and for all,if all of us pitch in.

    Russ

    • Dale says:

      You go and if you need my help I am well studied in law and the fraudulent banking system. Leave me a post.

      • Elizabeth says:

        Dale, even if MERS assigns the mortgage (detached from the Note, securitized, and owned by-who-knows-who) the back to the servicer, what does it really change? Will the new mortgage holder/servicer have any more standing in the court than the MERS itself?

  5. Nye Lavalle says:

    This is the biggest crock of BS I have seen these criminals say. They don’t support lost note claims and affidavits? LOL Doesn’t RK Arnold and Sharon Horstkamp remember my warnings to them and my posts on their web forum that are still there from 2003? Or, my many phone calls, emails, and lawsuits from others? Or, what about Judge Gordon’s sua sponte show cause hearing against MERS where he quoted my warnings to them verbatim and good ol Sharon was there and admitted responding to my posts and warnings.

    I guess when you create a company to pathologically lie for other criminals, you keep the lies, frauds, and deceit going until you die or go bankrupt whichever one comes first.

    One day, some judge or US atty is going to put them where they belong, in jail!

  6. Sparky says:

    I almost forgot, since you are here, would it be possible to share a list of individuals who are allowed by law to sign assignments as , assistant vice-presidents, assistant secretary, or any other title?

  7. Sparky says:

    “In the foreclosure process, MERSCORP Inc. (MERS) has been and continues to be an outspoken advocate for all parties, producing all the required evidence, including the note. If that means taking more time to gather the necessary documents before rushing in and filing a pleading, MERS strongly recommends doing so.”

    In this day and age one would think that it should be almost instantaneous to acquire the “required evidence”. The fact that MERS has admitted that destruction of the note on purpose has been done many times, would seem to fly in the face of the law, which requires that the holder in due course is the only one with the legal right to foreclose.If there is no note, how is that possible? As of February, in Florida, you are required to prove that you are the holder in due course or you aren’t “supposed” to even file.Of course that doesn’t stop to foreclosure mills from filing.

    MERS is nothing more than an “open title vault” where anyone can log on, get a password and start signing assignments. Wonder what would happen if I showed up in court with an assignment to me signed by me!

  8. Michael says:

    Nice timing MERS and welcome; nice to start a dialog.

    Please see Riggs v. Aurora (Fl. 4DCA, Case No. 4D08-4635, decided 4/21/2010):

    “The promissory note reflected an ‘endorsement in blank’… The trial court granted summary judgment in favor of Aurora over Riggs’ objections that Aurora’s status as lawful ‘owner and holder’ of the note was not conclusively established… We agree with Riggs and reverse…”

    So now you’re on notice that endorsements in blank — which, as you pointed out, you use as a routine practice — are void in jurisdictions under the 4th DCA appellate court of Florida.

    That combined with Jerman v. Carlisle and your “misunderstanding” filing all those bad foreclosures means that whichever PR person wrote this should probably a) forward it to MERS, then b) make sure they pay you in advance: they’re about to have serious cash flow issues.

  9. rzombeck says:

    Hah. Like everything else these liars say, I say prove it.
    I have yet to see any of these claims actually substantiated. Why is that? Why are you allowed to say whatever you want without ever being asked to prove it. How’s this: I sent you my mortgage in full last month. Paid the whole thing off in fact. Prove that I didn’t.

  10. smallz says:

    MERS is a “racketeering vehicle” of a RICO enterprise consisting of out of control Government Sponsored Entities, and the criminal banking institutions bailed out by the taxpayer.

    Their frivolous claims are being laughed out of court as of this moment. Why? Simply because no agreement made outside the context of law is knowingly enforceable by a court.

    The jig is up MERS and your principle shareholders better get defense better than the crap you posted on this site.

    You’re all going to jail.

  11. HA HA HA HA!

    Great post and even better visual aids!

    Hi MERS! How’s it going in the strawman business?

    Lisa
    ForeclosureHamlet.org

  12. Capt. Jack says:

    My dogs have better papers than MERS…

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