Comments on: MERSCORP Names Bill Beckmann, Formerly of CitiMortgage, New President & CEO

By: Tim Bryant

Tim Bryant — Sun, 01 May 2011 03:13:57 +0000

This guy was head of the Citi Consumer Mortgage Operations. In a homeowner suit, he could be potentially called to represent 2 different companies in the same matter….a legal paradox.

He also was instrumental in Citi’s spiral into the “nonprime” market…. http://www.housingchoice.org/news%20stories/2006/07312006.htm

He tried to force homeowners to pay late fees on taxes that Citi was required to pay… http://www.allbusiness.com/government/government-bodies-offices/11995368-1.html

Citi settled with the SEC for $75 million because of their subprime business, which Mr Beckmann headed… http://www.nytimes.com/2010/09/25/business/25sec.html

Wise decision again, MERSCORP !!!

By: Sandra

Sandra — Sat, 30 Apr 2011 18:00:22 +0000

This is depressing and alarming. MERS should be dismantled and GONE, with all their loan transfers finally accurately recorded at the courthouse, and here they are bringing in the big guns to re-intrench this bloody bad system even more. Means the people’s fight against the Banksters just became more difficult. The comment: “building on county land records to make mortgage information more accessible and transparent” just gave me a piercing headache. Since I work with homeowners to help save their homes or do short sales if all else fails, MERS’ electronic wall makes it virtually impossible to find out WHO owns the mortgage, or WHAT avenues may be open to negotiate with them. Title only claims to show mortgage assignments of RECORD (and MERS has high-jacked the “records”) and title claims they have no ability to determine who actually owns the loan in order to clear title! It is like a dark closet, and we need to turn on a bright light in there.

By: David Robert

David Robert — Fri, 29 Apr 2011 21:28:30 +0000

I would think in about 12 months he should be ready for a career at Monsanto considering all the weed killer he is going to need while at MERS.

By: leapfrog

leapfrog — Fri, 29 Apr 2011 20:19:06 +0000

Wonder how much they had to pay him to take on the rotting carcass of MERS. Not a wise career move, in my opinion.

By: housemanrob

housemanrob — Fri, 29 Apr 2011 19:22:55 +0000

In reply to Mae's Fannie. nanananananananananananananananananananananababababababababababababa!

By: housemanrob

housemanrob — Fri, 29 Apr 2011 19:18:20 +0000

ANYBODY WITH LITTLE ENOUGH MORAL CHARACTER………. TO TAKE THIS POSITION WITH MERSCORP, THE KING OF STRAW CORPS………… LIKE BILL BECKMANN…………. SHOULD BE STRUNG UP!!

By: l vent

l vent — Fri, 29 Apr 2011 19:13:54 +0000

They just keep passing the toxic mortgage fraud around. The toxic mortgage fraud they keep passing around looks alot like the sheisters are playing a game of hot potato with a ticking time bomb. Stop the fraudclosures and stop the charades. Our homes are paid for.

By: foreclosurefight

foreclosurefight — Fri, 29 Apr 2011 19:13:38 +0000

Wow…this is like letting the Fox watch over the Hen House…it never ends!!!

By: tony

tony — Fri, 29 Apr 2011 19:12:18 +0000

hahahaaa where’s that little mouse when u need him

By: Mae's Fannie

Mae's Fannie — Fri, 29 Apr 2011 19:10:25 +0000

Bill

Bill…Bill, Billy boy…you makin’ a desperately bad career decision there son..

They will show no MERS-see in popping your massive coconut under the front tire of the bus just prior to the car wreck buddy..

They must have trown sum serious coin your way…but that won’t look so good in about 12 months when the SS MERS touches bottom in the Mariana Trench http://www.marianatrench.com/mariana_trench-oceanography.htm

Come on Billy…Billy Billy….OOOOOH BILLLY….BOY!