BAM | Register of Deeds John O’Brien Received Green Light to Withdraw Millions of Dollars from Bank of America

Deeds head gets OK to yank BofA funds

South Essex Register of Deeds John O’Brien said he has received a green light to withdraw what could be millions of dollars from accounts at Bank of America (NYSE: BAC).

O’Brien threatened to pull the money to protest the bank’s participation in the Mortgage Electronic Registration System, or MERS — an organization set up by banks that lets them assign mortgages to new owners without filing related documents at registries of deeds. O’Brien argues banks have used MERS to deny the South Essex registry millions of dollars in fees to which it is entitled.

Read more: Deeds head gets OK to yank BofA funds | Boston Business Journal

For the earlier press release requesting this action  go here…

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Comments
4 Responses to “BAM | Register of Deeds John O’Brien Received Green Light to Withdraw Millions of Dollars from Bank of America”
  1. leapfrog says:

    Good! Our federal government and our AGs have utterly failed us and sold out to the big banksters. It takes county officials to stand up to the oligarchs and our elected attorney generals refuse to do it. Maybe its a good thing this is happening at the lower levels – it just makes government on the upper levels look so much worse. Next up, we need to recall those AGs who are selling us out!

  2. Pamela says:

    Now this is good news get the rest of the assesers,auditers co. recorders.land offices,whoever it is per state and do this to all of them not just one.It is a dramatic step in the right direction.Keep up the good fight and never ever give up.

  3. Jason Werner says:

    Nice move to get away crooked Bank of America; they are absolutely disgusting. We could only dream of being as evil as Bank of America and their competitors (JPM, GS, WFC, USB, et al).

    Signed,
    Mafia
    Cancer
    HIV
    Payday lenders
    Incumbent Congressmen and Senators
    Gas Companies
    Fast food restaurants
    and other things that are very bad for you

  4. MAGGIE SIMI says:

    A lot of MERS,,,,,,,,,,who is the owner?

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