https://4closurefraud.org/2011/08/03/white-paper-mers-the-unreported-effects-of-lost-chain-of-title-on-real-property-owners-and-their-neighbors/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Sun, 30 Nov 2025 16:38:34 +0000 hourly 1 https://wordpress.org/?v=7.0.2 https://4closurefraud.org/2011/08/03/white-paper-mers-the-unreported-effects-of-lost-chain-of-title-on-real-property-owners-and-their-neighbors/#comment-51644 Fri, 05 Aug 2011 12:20:18 +0000 https://4closurefraud.org/?p=29452#comment-51644 This “white paper” is one of the most important, authoritative documents I’ve read in a long time. Kudos to Mr. Woolley for coining the phrase “wild title” – it’s a good way to draw those fortunate enough not to be in foreclosure into the conversation, since property boundary issues are so profound, far-reaching, and expensive to settle.
Everyone needs to read this document!

]]> https://4closurefraud.org/2011/08/03/white-paper-mers-the-unreported-effects-of-lost-chain-of-title-on-real-property-owners-and-their-neighbors/#comment-50983 Thu, 04 Aug 2011 15:04:26 +0000 https://4closurefraud.org/?p=29452#comment-50983 Look for amnesty for these issues, in the works now. It may be like tax sales or imminent domain where property is confiscated and made legal. The problem is so massive, there is probably no other way but to find a way around legitimate chain of title. Indemnifying through insurance on title insurance? In TN we were once required to survey every property at sale, title search and insurance meant something. In recent years all that has changed. So when a problem is big enough and the banks are too, like the mega 4, it will get swept under the rug eventually. Up to the present they have been busy trying to hide or cover. As problems escalate, they will buy their way out. Washington has already moved on to elections, infighting, too much to require hearings and action against the banks.
Our best hope is to file suits against the banks for fraud and deception to be grandfathered in if a blanket deal comes down to wipe the slate clean. Need a class action maybe. Otherwise, we will be at the mercy of the banking industry’s mess for years to come while they recover by putting cheap REOs on the market for nickels and dimes after buying off everyone they need to get on their side with pennies on the dollar to take back possession of their damaged collateral product. Then amnesty will protect them from litigation on future title issues. Lemonade from lemons.
Mega banks are a little like my pet cat, always flips and lands on feet.:)
Plus much of these special deals are being served or backed by major international banking is my thinking.

]]> https://4closurefraud.org/2011/08/03/white-paper-mers-the-unreported-effects-of-lost-chain-of-title-on-real-property-owners-and-their-neighbors/#comment-50392 Wed, 03 Aug 2011 18:12:22 +0000 https://4closurefraud.org/?p=29452#comment-50392 We can’t let them get away with MERS….These same crooks did this same fraud on a smaller scale after the Great Chicago Fire and got the passage of the Burnt Records Act……See the link: https://www.ctic.com/history2.asp

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