Amicus | Washington AG Rob McKenna Sides with Consumers and Homeowners vs. MERS Forclosures

Washington AG Rob McKenna sides with consumers and homeowners vs. MERS forclosures

Washington Attorney General Rob McKennaweighed in on the side of homeowners this week when he alleged the mortgage industry’s nationwide recording system violates state law and leaves homeowners at risk of fraud and multiple debts.

In a case before the Washington Supreme Court, McKenna said that actions by the Mortgage Electronic Registration Systems Inc. violate Washington’s deed of trust and consumer protection laws. He said MERS has illegally deceived homeowners about the true owner of their mortgages and about its authority to foreclose and transfer deeds or loans.

“Stated succinctly, the use of MERS … has brought chaos to the mortgage marketplace and stopped the efficient processing of foreclosures,” McKenna said.

Earlier today, The Associated Press reported that McKenna on Feb. 2 returned nearly $14,000 in campaign donations from individuals tied to Routh, Crabtree, Olsen and Northwest Trustee Services, Inc., firms that represent parties foreclosing on homeowners. McKenna, a Republican, is running for governor.

McKenna filed his brief Tuesday in a case scheduled to be heard March 15. Last year, A federal judge asked Washington’s highest court decide whether MERS has standing to foreclose there and whether homeowners have any remedies against it.

Check out the rest here…

Copy of the Amicus below…

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4closureFraud.org

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Amicus Brief – WA State AG Robert McKenna

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Comments
4 Responses to “Amicus | Washington AG Rob McKenna Sides with Consumers and Homeowners vs. MERS Forclosures”
  1. Ali says:

    Also Mers, Mers INC Mers Corp, why do they need so many different names. Better sue them all or none.

  2. Ali says:

    Mers must have had someone on the inside warning them what was coming down the pike. Notice the many many loans at the recorders office being transferred out of MERS to sometimes as many as three lenders. Coincidence? I don’t think so!!!

  3. Ron Moss says:

    How can I moss a chance to chime in. At last Rob MCKenna and Jim Sugarman have turned over to see it my way. Finally threy have turned back my oppononents contributions.. Thanks for your reconition of your duty to protect the consumer involved in your office of consumer protection. As AG and its manager your duty to protect has always been there.

  4. disgruntled says:

    It is a political stunt. I met with the AG’s office, and showed them proof that my house NEVER SOLD at auction, and ROB McKENNA DID NOTHING. Neither did SUGERMAN. Election year….

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