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Mortgage Claim Center
Mortgage Banking Fraud / Foreclosure Fraud
22nd of Jul, 2011 by JenniferMichele
Are ALL MERS Deeds of Trust / Mortgages VOID?

The FACTS regarding MERS(MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC.):

1. MERS is not a lender, creditor or bank, although they are listed on approx. 60 million mortgage security instruments.

2. MERS has no agency status as anominee

3. MERS does not lend or extend credit.

4. MERS does not service mortgage accounts

5. MERS does not hold Promissory Notes in possession.

6. MERS has NEVER owned or received ANY Beneficial interest in ANY Mortgage EVER!

The customized form of Mortgage / Deeds of Trust utilized by Mortgage Electronic Registrations Systems Inc., (MERS), does not entitle MERS to any of the statutory mortgagee protections provided in the provisions of Federal and State Law.

A Nominee Mortgagee is simply not entitled to the statutory benefits. The provisions are strictly construed against MERS putative conveyance since the statutory provisions are in derogation of common law. For example, MERS mortgagee deeds
have two entities exercising the same statutory foreclosure powers. Law only protects the actual holders of the mortgage deed or their statutory assigns , not nominees which nominees only have a role with stocks and bonds. MERS argues, in a futile exercise of nominalism, that splitting the term mortgagee from the lender has a benefit to itself. MERS mortgage deeds are defective because the Statutory protections run to functional powers of the holders of the mortgage and of the mortgage notes, not to self defined nominees.

Nominees are not eligible to hold future interests in property without statutory assignments. Only statutory assignees can exercise the functional abilities necessary to gain control of the five (5) statutory elements required to provide a clean title at the end of the process. Statutory protections run to the holders of the mortgages, not their nominees.

When MERS does not have an actual separate written and recorded conveyance from the actual holder of the mortgage to itself prior to MERS making a conveyance, the conveyance is void.

MERS by its own description in paragraph C is not contractually able to perform the statutory functions of the holder of the mortgagee. Mortgage Electronic Registration Systems Incorporated, as a putative nominee, selected by the Mortgagor, usually lacks actual recorded authority from the Holder of the Mortgage by way of a recorded or a recorded power of an attorney. Mortgage Electronic Registration Systems Incorporated can not by its own definition be a holder of the mortgage deed. Mortgage Electronic Registration Systems Incorporated did not own or possess or control the mortgage note which was necessary
to enforce the mortgage deed as required by UCC-3-301.

These facts are becoming difficult to dispute, from a Judges perspective given the recent Supreme Court decisions, and the following cases among many others:

In re: Jacobsen

In re: Hennessey

In re: Mitchell

In re: Hawkins

OHIO

New York judge Schack

MERS v. Southwest Homes of Arkansas

Landmark V. Kesler

Riggs v. Aurora (Fl. 4DCA, Case No. 4D08-4635, decided
4/21/2010

Jerman v. Carlisle

Bellistri V. Ocwen

Dist. Ct. Case No. 2:09-CV-00661-KJD-LRL

Bankr. Ct. Case No. BK-S-07-16645-LBR

In Re Wells Bankruptcy Oh Nd Decision 22 Jun 2009

US BANK V. Ibanez

Recent decisions rendered by three Federal District Court Judges relating to mortgage foreclosure actions in Ohio have generated a lot of attention in the press and various newsletters. MANY MORE CASES ARE CURRENTLY PENDING

Just because MERS claims its ability to misuse the word nominee in any way that is beneficial, this does not CHANGE 200 years of property law.

A continuing theme that demonstrates the title defect, the questionable conduct of pretender lenders and the defects in the foreclosure process when you let companies with big brand names bluff the system. The fatal MERS GAP arises whether MERS is actually the nominee on the deed of trust (or mortgage deed) or not. It is an announcement that there will be off record transactions between parties who have no interest in the loan but who will assert such an interest once they have successfullly fabricated documents, had someone without authority sign them, on behalf of an entity with no real beneficial interest or
other economic interest in the loan, and then frequently notarized by someone in another state. We have even seen documents notarized in blank and forged signatures of borrowers on loan closing papers.

The fact is, anyone who pays the MERS membership fee (just like AAA Automobile club) can sign on behalf of MERS to assign or otherwise conduct foreclosure activities.

Wake up folks MERS is a SHAM. Everyone knows it and there is no factual basis to support their assertions to rights to foreclose. Even if MERS assigns to another party: You cannot assign something you never had.

One word sums it up: FRAUD.
Comments
4611 days ago by SabrinaPatina
Thank you so much for providing this report! Especially all that case law to support these facts about the fraud of MERS, Mortgage Electronic Registration Systems, Inc. I know a few attorneys that take these arguments into Federal Court and have been successful! I just paid this lawfirm my retainer, and they already Stopped the Auction date, and pointed out the elements of fraud for my case, which includes MERS. Thanks Again! SabrinaPatina at Mail dot com
4598 days ago by Nicolaitarratini
This is incredible! 60 million homeowners! We have all been taken advantage of... The part that is really crazy is that MERS breaks the law hundreds of thousands of times over every day! Thanks so much for this report... now I know one of the elements of the fraud of the banks!

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