<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	
	>
<channel>
	<title>
	Comments on: MERS &#124; All in One Basket &#8211; The Bankruptcy Risk of a National Agent-Based Mortgage Recording System	</title>
	<atom:link href="https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/feed/" rel="self" type="application/rss+xml" />
	<link>https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/</link>
	<description>- Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE</description>
	<lastBuildDate>Tue, 03 Apr 2012 15:56:13 +0000</lastBuildDate>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=7.0.8</generator>
	<item>
		<title>
		By: Bobbi Swann		</title>
		<link>https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-366952</link>

		<dc:creator><![CDATA[Bobbi Swann]]></dc:creator>
		<pubDate>Tue, 03 Apr 2012 15:56:13 +0000</pubDate>
		<guid isPermaLink="false">https://4closurefraud.org/?p=45082#comment-366952</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365618&quot;&gt;Glenn F. Russell, Jr.&lt;/a&gt;.

@ Glenn - Your post &quot;The only reason a physical assignment is created out of MERS is to evidence that a purported sale of the mortgagors promissory note was made to a non MERS member&quot;  

Even that is fraud and illegal.  You cannot make a &quot;purported&quot; sale via an assignment.  An assignment must contain &#039;ownership&#039; that is being transferred from one holder to another.  A superb explanation of that is above in the Ivent comment at 3:50pm.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365618">Glenn F. Russell, Jr.</a>.</p>
<p>@ Glenn &#8211; Your post &#8220;The only reason a physical assignment is created out of MERS is to evidence that a purported sale of the mortgagors promissory note was made to a non MERS member&#8221;  </p>
<p>Even that is fraud and illegal.  You cannot make a &#8220;purported&#8221; sale via an assignment.  An assignment must contain &#8216;ownership&#8217; that is being transferred from one holder to another.  A superb explanation of that is above in the Ivent comment at 3:50pm.</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: Bobbi Swann		</title>
		<link>https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-366951</link>

		<dc:creator><![CDATA[Bobbi Swann]]></dc:creator>
		<pubDate>Tue, 03 Apr 2012 15:49:50 +0000</pubDate>
		<guid isPermaLink="false">https://4closurefraud.org/?p=45082#comment-366951</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365638&quot;&gt;lvent&lt;/a&gt;.

Glad to see you are still with us Ivent!  Point made and very, very clear!  Finally some of these recorder&#039;s offices are waking up to the same conclusion.  Next we have to get the Judges (ha-ha) to enforce the laws of the constitution and force remedies on the part of the plaintiffs.  Otherwise, we are a nation without rule; a nation without freedom and a nation robbed of our sovereign rights.  I read today that certain title insurance companies are not insuring over and above titles that are deed-in-lieu...beware....the sky is beginning to fall!!!]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365638">lvent</a>.</p>
<p>Glad to see you are still with us Ivent!  Point made and very, very clear!  Finally some of these recorder&#8217;s offices are waking up to the same conclusion.  Next we have to get the Judges (ha-ha) to enforce the laws of the constitution and force remedies on the part of the plaintiffs.  Otherwise, we are a nation without rule; a nation without freedom and a nation robbed of our sovereign rights.  I read today that certain title insurance companies are not insuring over and above titles that are deed-in-lieu&#8230;beware&#8230;.the sky is beginning to fall!!!</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: Katyhleen Burt		</title>
		<link>https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-366210</link>

		<dc:creator><![CDATA[Katyhleen Burt]]></dc:creator>
		<pubDate>Sat, 31 Mar 2012 04:39:08 +0000</pubDate>
		<guid isPermaLink="false">https://4closurefraud.org/?p=45082#comment-366210</guid>

					<description><![CDATA[Per  &quot;HomePreservationNetwork ,&quot;( online newsltter,) an Iowa registrar of deeds also filed against MERS for lost fees.]]></description>
			<content:encoded><![CDATA[<p>Per  &#8220;HomePreservationNetwork ,&#8221;( online newsltter,) an Iowa registrar of deeds also filed against MERS for lost fees.</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: Ali		</title>
		<link>https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365912</link>

		<dc:creator><![CDATA[Ali]]></dc:creator>
		<pubDate>Thu, 29 Mar 2012 22:18:29 +0000</pubDate>
		<guid isPermaLink="false">https://4closurefraud.org/?p=45082#comment-365912</guid>

					<description><![CDATA[How can MERS be stripped of legal stanging when it never had it? DeMarco needs to resign, thats a big confict of interest. See they think thet we are stupid. But soon they are going to push us too far and then all hell will break loose! I know I have just about had enough. I was finally seeing some light at the end of the tunnel until I found out the buffoon who sold us the house took out a 24k mtg. on it and I cannot find a satisfaction or release anywhere. Maybe I&#039;ll just have to ask him to his face with my fist in his property flipping mouth!!!!]]></description>
			<content:encoded><![CDATA[<p>How can MERS be stripped of legal stanging when it never had it? DeMarco needs to resign, thats a big confict of interest. See they think thet we are stupid. But soon they are going to push us too far and then all hell will break loose! I know I have just about had enough. I was finally seeing some light at the end of the tunnel until I found out the buffoon who sold us the house took out a 24k mtg. on it and I cannot find a satisfaction or release anywhere. Maybe I&#8217;ll just have to ask him to his face with my fist in his property flipping mouth!!!!</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: Attorney Wendy Alison Nora		</title>
		<link>https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365851</link>

		<dc:creator><![CDATA[Attorney Wendy Alison Nora]]></dc:creator>
		<pubDate>Thu, 29 Mar 2012 16:30:03 +0000</pubDate>
		<guid isPermaLink="false">https://4closurefraud.org/?p=45082#comment-365851</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365710&quot;&gt;talktotennessee&lt;/a&gt;.

MERS  does not pay for the lawyers.  The foreclosure claimant does.   MERS does not have trustees.  The foreclosure claimant acts through the trustee, not MERS.   We are through the looking glass.  A computer program (MERS) is masquerading as the record title holder on millions of mortgages throughout the nation.  The claims to ownership of the mortgage notes are computer images being generated as authentic documents are forgeries.  That foreclosures continue is a testament to the power of a great delusion.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365710">talktotennessee</a>.</p>
<p>MERS  does not pay for the lawyers.  The foreclosure claimant does.   MERS does not have trustees.  The foreclosure claimant acts through the trustee, not MERS.   We are through the looking glass.  A computer program (MERS) is masquerading as the record title holder on millions of mortgages throughout the nation.  The claims to ownership of the mortgage notes are computer images being generated as authentic documents are forgeries.  That foreclosures continue is a testament to the power of a great delusion.</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: lvent		</title>
		<link>https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365768</link>

		<dc:creator><![CDATA[lvent]]></dc:creator>
		<pubDate>Thu, 29 Mar 2012 06:50:59 +0000</pubDate>
		<guid isPermaLink="false">https://4closurefraud.org/?p=45082#comment-365768</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365706&quot;&gt;talktotennessee&lt;/a&gt;.

I agree talktotennessee, the people need to make a stand.   What is needed to accomplish that  is unity among the people who want to be free and independent.   Individuals actions by millions of people can have a powerful impact.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365706">talktotennessee</a>.</p>
<p>I agree talktotennessee, the people need to make a stand.   What is needed to accomplish that  is unity among the people who want to be free and independent.   Individuals actions by millions of people can have a powerful impact.</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: talktotennessee		</title>
		<link>https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365710</link>

		<dc:creator><![CDATA[talktotennessee]]></dc:creator>
		<pubDate>Thu, 29 Mar 2012 01:41:33 +0000</pubDate>
		<guid isPermaLink="false">https://4closurefraud.org/?p=45082#comment-365710</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365671&quot;&gt;readdocs&lt;/a&gt;.

I imagine MERS has more structure than we imagine. They have lawyers, of course, unless their legal representation is totally driven by banks that -- USE MERS as their cover. They have people who manage the database entry. They have people who act as trustees, etc. So to say this is one large index bureau computer database void of people and decisions isn&#039;t exactly the truth. I am thinking we need to recruit a few MERS whistleblowers or former employees, maybe?  One may need to get &quot;inside&quot; to find the holes.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365671">readdocs</a>.</p>
<p>I imagine MERS has more structure than we imagine. They have lawyers, of course, unless their legal representation is totally driven by banks that &#8212; USE MERS as their cover. They have people who manage the database entry. They have people who act as trustees, etc. So to say this is one large index bureau computer database void of people and decisions isn&#8217;t exactly the truth. I am thinking we need to recruit a few MERS whistleblowers or former employees, maybe?  One may need to get &#8220;inside&#8221; to find the holes.</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: talktotennessee		</title>
		<link>https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365706</link>

		<dc:creator><![CDATA[talktotennessee]]></dc:creator>
		<pubDate>Thu, 29 Mar 2012 01:33:57 +0000</pubDate>
		<guid isPermaLink="false">https://4closurefraud.org/?p=45082#comment-365706</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365638&quot;&gt;lvent&lt;/a&gt;.

MERS has legal representation for MERSCORP. To date, they appear to have gained legal standing in some courts because laws have no precedent for a database. I am not a lawyer and even those who are have so little knowledge of how to defeat MERS because their authority, rights and description are not defined in law. But I am thinking even in my simple layman&#039;s way that this Database has no right to act as nominee trustee or beneficiary with legal standing to act in courts to foreclose my property except for the fact that most  of us signed a document, GIVING them the legal right on a contract. The only way to break their contracts is to attack their authority to assume legal rights and to use it to circumvent property laws, avoid transfer fees. MERS legal standing, by existing law, MUST be attacked in a way that renders their actions, even those  executed by contract, as violating law.  I vow never to sign another contract without reading it even at a real estate closing. The sad truth is that virtually all of us did this without realizing what MERS to accomplish until after they had effectively captured our homes, exactly as they were designed to do regardless of ownership of note, etc. In judicial and non-judicial states the end result is the same as long as courts recognize MERS right to confiscate property, allow them to act as Trustees and beneficiaries with power to confiscate and sell something MERS never purchased, contracted to service nor own and has no authority to sell, modify or negotiate.
Does anyone know who is responsible for creating MERS?
There must be a way to bring them down! Frankly, does it matter if it creates chaos? Little these same people care about the chaos and destruction THEY created.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365638">lvent</a>.</p>
<p>MERS has legal representation for MERSCORP. To date, they appear to have gained legal standing in some courts because laws have no precedent for a database. I am not a lawyer and even those who are have so little knowledge of how to defeat MERS because their authority, rights and description are not defined in law. But I am thinking even in my simple layman&#8217;s way that this Database has no right to act as nominee trustee or beneficiary with legal standing to act in courts to foreclose my property except for the fact that most  of us signed a document, GIVING them the legal right on a contract. The only way to break their contracts is to attack their authority to assume legal rights and to use it to circumvent property laws, avoid transfer fees. MERS legal standing, by existing law, MUST be attacked in a way that renders their actions, even those  executed by contract, as violating law.  I vow never to sign another contract without reading it even at a real estate closing. The sad truth is that virtually all of us did this without realizing what MERS to accomplish until after they had effectively captured our homes, exactly as they were designed to do regardless of ownership of note, etc. In judicial and non-judicial states the end result is the same as long as courts recognize MERS right to confiscate property, allow them to act as Trustees and beneficiaries with power to confiscate and sell something MERS never purchased, contracted to service nor own and has no authority to sell, modify or negotiate.<br />
Does anyone know who is responsible for creating MERS?<br />
There must be a way to bring them down! Frankly, does it matter if it creates chaos? Little these same people care about the chaos and destruction THEY created.</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: lvent		</title>
		<link>https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365703</link>

		<dc:creator><![CDATA[lvent]]></dc:creator>
		<pubDate>Thu, 29 Mar 2012 01:24:45 +0000</pubDate>
		<guid isPermaLink="false">https://4closurefraud.org/?p=45082#comment-365703</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365629&quot;&gt;talktotennessee&lt;/a&gt;.

People are brainwashed.  I suppose if they start telling kids that dogs are really monkeys from schoolage on up then as adults they would believe that too. ..That is what is scary.   I read somewhere that it only takes 5 years to brainwash a person.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365629">talktotennessee</a>.</p>
<p>People are brainwashed.  I suppose if they start telling kids that dogs are really monkeys from schoolage on up then as adults they would believe that too. ..That is what is scary.   I read somewhere that it only takes 5 years to brainwash a person.</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: readdocs		</title>
		<link>https://4closurefraud.org/2012/03/28/mers-all-in-one-basket-the-bankruptcy-risk-of-a-national-agent-based-mortgage-recording-system/#comment-365671</link>

		<dc:creator><![CDATA[readdocs]]></dc:creator>
		<pubDate>Wed, 28 Mar 2012 23:05:21 +0000</pubDate>
		<guid isPermaLink="false">https://4closurefraud.org/?p=45082#comment-365671</guid>

					<description><![CDATA[Here&#039;s what is currently on MERS home page:
&quot;MERS is an innovative process that simplifies the way mortgage ownership and servicing rights are originated, sold and tracked. Created by the real estate finance industry, MERS eliminates the need to prepare and record assignments when trading residential and commercial mortgage loans.&quot;

It doesn&#039;t say anything about loaning, recieving, holding of any monies.  It is as Ivent posted, &#039;a database&#039;,
with no human employees.  It is not registered to act as a mortgage company, bank or any other financial
entity.  There fore any thing stored digitally/electronically on its servers is the only thing it can bring forward
in a bankruptcy suit.  The court cases it has won so far should all be repealed as a database cannot be
the beneficiary to anything or anyone.]]></description>
			<content:encoded><![CDATA[<p>Here&#8217;s what is currently on MERS home page:<br />
&#8220;MERS is an innovative process that simplifies the way mortgage ownership and servicing rights are originated, sold and tracked. Created by the real estate finance industry, MERS eliminates the need to prepare and record assignments when trading residential and commercial mortgage loans.&#8221;</p>
<p>It doesn&#8217;t say anything about loaning, recieving, holding of any monies.  It is as Ivent posted, &#8216;a database&#8217;,<br />
with no human employees.  It is not registered to act as a mortgage company, bank or any other financial<br />
entity.  There fore any thing stored digitally/electronically on its servers is the only thing it can bring forward<br />
in a bankruptcy suit.  The court cases it has won so far should all be repealed as a database cannot be<br />
the beneficiary to anything or anyone.</p>
]]></content:encoded>
		
			</item>
	</channel>
</rss>
