Comments on: MERS Litigation — Brief Of Amicus Curiae The Legal Services Center of Harvard Law School And Law Professors in Support of The Appellee, Montgomery County, Pennsylvania, Recorder Of Deeds https://4closurefraud.org/2015/05/13/mers-litigation-brief-of-amicus-curiae-the-legal-services-center-of-harvard-law-school-and-law-professors-in-support-of-the-appellee-montgomery-county-pennsylvania-recorder-of-deeds/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Mon, 18 May 2015 16:07:28 +0000 hourly 1 https://wordpress.org/?v=7.0.4 By: israel144 https://4closurefraud.org/2015/05/13/mers-litigation-brief-of-amicus-curiae-the-legal-services-center-of-harvard-law-school-and-law-professors-in-support-of-the-appellee-montgomery-county-pennsylvania-recorder-of-deeds/#comment-619594 Wed, 13 May 2015 14:12:14 +0000 https://4closurefraud.org/?p=62438#comment-619594 In reply to Florida Mortgage Lenders.

So in essence, every foreclosure to date can be reversed because MERS was essentially created to cover the fraud OF THE BANKS. If loans were put into these “trusts” and notes were never transferred to these “trusts”, the MERS system having no public accountability overrides the public land records which is open to “all the world”. So why don’t “The people” in class action cancel and rescind their signature on every MERS mortgage and cancel the instrument.

]]> By: Florida Mortgage Lenders https://4closurefraud.org/2015/05/13/mers-litigation-brief-of-amicus-curiae-the-legal-services-center-of-harvard-law-school-and-law-professors-in-support-of-the-appellee-montgomery-county-pennsylvania-recorder-of-deeds/#comment-619577 Wed, 13 May 2015 12:24:45 +0000 https://4closurefraud.org/?p=62438#comment-619577 The MERS system was modeled after the Depository Trust Company (DTC), an institution created to hold corporate and municipal securities, but, unlike the DTC, MERS has no statutory basis, nor is it regulated by the SEC. MERS’s lack of statutory grounding and oversight means that it has neither legal authority nor public accountability.

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