Comments on: Mers Updates ServicerID Look-up Tool, Restricts Researchers from Accessing Investor Data https://4closurefraud.org/2011/09/06/mers-updates-servicerid-lookup-tool-restricts-researchers-from-accessing-investor-data/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Mon, 19 Sep 2011 19:52:54 +0000 hourly 1 https://wordpress.org/?v=7.0.8 By: Tim Bryant https://4closurefraud.org/2011/09/06/mers-updates-servicerid-lookup-tool-restricts-researchers-from-accessing-investor-data/#comment-93545 Mon, 19 Sep 2011 19:52:54 +0000 https://4closurefraud.org/?p=31615#comment-93545 In reply to Jay.

It is only as accurate as the servicer enters it. In a 3-month period, after I hounded Bofa, the investor went from being BofA, to HSBC, and now to Wells Fargo. This caused me to submit TILA, RESPA, and MA 93A demands to MERS. I used MERS’ own contract against them. They have refused to reply, except to state that the servicer would have this information.

Do not let them off the hook. MERS acts as an agent for the lender/investor, not the servicer. Their boilerplate contracts are the best tool to use against them.

]]> By: Jay https://4closurefraud.org/2011/09/06/mers-updates-servicerid-lookup-tool-restricts-researchers-from-accessing-investor-data/#comment-90870 Sat, 17 Sep 2011 10:42:01 +0000 https://4closurefraud.org/?p=31615#comment-90870 I put in my info on mers site and got my info I wanted. It says that chase services my loan, which is correct. It also says chase is the investor. So is this info reliable? Last I heard, aurora loan services owned my loan. But that was several years ago.

And should I be worried that I entered my SSN in? What could happen?

]]> By: Tim Bryant https://4closurefraud.org/2011/09/06/mers-updates-servicerid-lookup-tool-restricts-researchers-from-accessing-investor-data/#comment-81510 Wed, 07 Sep 2011 13:33:22 +0000 https://4closurefraud.org/?p=31615#comment-81510 In reply to Kathleen Burt.

If you do a google search for the building address that MERS is located, it is a “virtual office”. Nothing with MERS is reality. Unfortunately, judges, and many attorneys, are too stupid to realize this.

]]> By: Kathleen Burt https://4closurefraud.org/2011/09/06/mers-updates-servicerid-lookup-tool-restricts-researchers-from-accessing-investor-data/#comment-81323 Wed, 07 Sep 2011 09:47:45 +0000 https://4closurefraud.org/?p=31615#comment-81323 For a company that reputedly has only 50 employees, they manage to keep making changes in the same mortgage loan.

]]> By: talktotennessee https://4closurefraud.org/2011/09/06/mers-updates-servicerid-lookup-tool-restricts-researchers-from-accessing-investor-data/#comment-81191 Wed, 07 Sep 2011 06:25:18 +0000 https://4closurefraud.org/?p=31615#comment-81191 The administration that make Mers function are probably getting antcy, trying to cover their tracks on things like timing and reporting structure. Until now MERS enjoyed little scrutiny. Now exposure of their system is revealing deception. I think it is a little amusing that they keep backing off disclosure or transparency as their “handlers,” the banks, increasingly seem to expose MERS as an identifiable stand-alone entity, which is accountable to the courts, acting as nominee trustees, named as foreclosing even though MERS owns nothing and should have NO legal standing since they neither loan nor own. If courts deny MERS relief from a stay in BK court, why should they be allowed authority to foreclose in non-judicial states based on the fact that they exist! My thinking is that if MERS has legal standing, they also have legal responsibility to be who or what they represent. We all know MERS is set up as a registry client for banks to avoid transfer fees. If MERS is designed to defraud municipalities of their fees set by law how can they legally defend their fraud? So legally, what are they? MERS is like an onion, when you peel away the layers there is nothing there; like an onion, all you have are the tears . . . .
.

]]> By: Readdocs https://4closurefraud.org/2011/09/06/mers-updates-servicerid-lookup-tool-restricts-researchers-from-accessing-investor-data/#comment-80980 Wed, 07 Sep 2011 02:28:08 +0000 https://4closurefraud.org/?p=31615#comment-80980 I checked MERS yesterday, noticed the new captcha installed, and having to use
personal id to find out who is the lender. Earlier in the year, the lender information
was not accessible, now lender can be identified after using SS#. Also the system
is gong to be changed again, as MERS is no longer going to offer this so called
service.

]]> By: lucinda https://4closurefraud.org/2011/09/06/mers-updates-servicerid-lookup-tool-restricts-researchers-from-accessing-investor-data/#comment-80750 Tue, 06 Sep 2011 22:10:21 +0000 https://4closurefraud.org/?p=31615#comment-80750 I looked up ours and found not a thing on our property,but put my husbands ssn,big mistake now,now what do i do if they use my husbands ssn,im so sick of this fraud!!!

]]> By: see https://4closurefraud.org/2011/09/06/mers-updates-servicerid-lookup-tool-restricts-researchers-from-accessing-investor-data/#comment-80731 Tue, 06 Sep 2011 21:50:48 +0000 https://4closurefraud.org/?p=31615#comment-80731 What good is MERS if the information given is not accurate? I know that is what many a homeowner is asking. And they claim they are not responsibile for inaccurate info. So why in the world should we as borrowers have to put up with this and even more important why are the courts doing so?

]]> By: Tim Bryant https://4closurefraud.org/2011/09/06/mers-updates-servicerid-lookup-tool-restricts-researchers-from-accessing-investor-data/#comment-80683 Tue, 06 Sep 2011 20:49:06 +0000 https://4closurefraud.org/?p=31615#comment-80683 I have been following my mortgage as well. In a three month period, MERS has shown 3 different investors. The one they currently show is not even the investor which the servicer claims holds the note….since 2005.

The MERS system has shown that it is not a legitimate database. I highly recommend that you check your MERS info on a monthly basis.

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