Comments on: MERS | Mortgage Registry Accused of Owing El Paso County Millions; Will County Sue? (VIDEO)

By: Ramon

Ramon — Tue, 15 Nov 2011 09:49:31 +0000

In reply to talktotennessee. Tax evasion and MONEY LAUNDERING.

By: Ramon

Ramon — Tue, 15 Nov 2011 09:48:44 +0000

This and others were DELETED from OWS.
http://webcache.googleusercontent.com/search?q=cache:y0vNbnJ_15EJ:occupywallst.org/forum/nations-veterans-suit-alleges-banks-and-mortgage-c/+http://occupywallst.org/forum/nations-veterans-suit-alleges-banks-and-mortgage-c/&cd=1&hl=en&ct=clnk&client=opera

By: Kimberli Wilson

Kimberli Wilson — Sun, 13 Nov 2011 16:58:09 +0000

If MERS is just a deceptive trade operation run by its unsupervised 20,000 members feeding a “tracking” system why are we even arguing over its importance still?

Upon information and belief, over one third of residential mortgages in the state of Delaware are recorded in the name of MERS, rather than in the name of the bank, trust, or company that actually owns the mortgage debt. What good is a “recording” system that sets up deception?

Once you become a member of MERS you provide a list of certifying officers. These approx. 20,000 “member employees” acting on behalf of MERS are really employees of another entity. At what point are we going to decide that all deception is going to be eliminated including MERS the deception machine?

We are so desperate for a computer recording system that incorporates proper links to closing agent documents, chain of title, property tax and any insurance on the loan, if the loan has been paid off, how many times the same loan has been paid off. The system needs to incorporating a code system at the bank like US customs that allows bank investigation at the click of a button by the government. (not 2 years after a problem surfaces ask the bank to self investigate and tell us what they are doing wrong) All this does is tell the public that there isn’t a system even set up to regulate the banks yet. We need the public to stand up and say, Why is this crucial information not available? We need to have whom ever wrote the software for US customs, Ebay and Ancestry.com to present a software program that is transparent, linked, user friendly and provides transparent mortgage and note information that can’t be altered. This is a software, transparency, regulating issue that is easy to fix due to our advanced computer technology ability. MERS is not the problem or the solution but merely a symptom that we are fixated on for some reason that has me totally baffled.

Why is it easier to trace a 50 cent used item on ebay after the sale than it is to trace a current million dollar promissory note?

Check out this MERS case
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE

STATE OF DELAWARE,
Plaintiff,
v.

MERSCORP, Inc., a Delaware corporation, and
Mortgage Electronic Registration Systems, Inc.,
a Delaware Corporation,
Defendants.

By: Readdocs

Readdocs — Sat, 12 Nov 2011 00:26:38 +0000

A class action suit involving all Texas couties was filed several weeks ago against MERS.

By: acmodspecialists

acmodspecialists — Fri, 11 Nov 2011 22:51:34 +0000

Biden is doing something, but the states should also sue Banks and MERS for Tax Evasion

By: talktotennessee

talktotennessee — Fri, 11 Nov 2011 21:44:31 +0000

Public opinion against MERS is shaping and the name of the game is tax evasion. It just needs courage, talking up and pursuit. Biden is doing his part on TV, at least. Do municipalities have the courage to pursue what is legally due the cities, counties, states or will they just cave to the banks? Unusual that in the FL case, MERS postures that they “own” the note!
You know it looks like a bandwagon is gathering steam and steamrollers are awfully hard to stop once they get rolling.
Talk it up. .
It could be our answer. . . .