Yes, you heard it right. The movement against MERS, short for Mortgage Electronic Registration System, Inc., is picking up steam. In case after case, MERS is being more and more closely analyzed as to their role, or their “registration” system’s role in the ongoing foreclosure crisis. MERS related foreclosures may soon grind to a [...]
JP Morgan Chase is shut down and barred from trying to foreclose
May 14, 2010 By 7 Comments
Is it possible to win against these big lenders? Yes, the homeowner listed below won a suit against Chase and the Judge BARRED the bank from coming forward again to try and foreclose. As Neil Garfield says…The Pretender Lenders have now tried to use all the major parties and some of the minor parties in [...]
Fannie Mae requiring borrower to be more credit worthy. Say it isn’t so!
May 5, 2010 By Leave a Comment
Citing the need to protect borrowers from mortgage payments that potentially balloon out of control, Fannie Mae is putting forward new standards for the purchase and securitization of adjustable-rate mortgage (ARM) products. Why stop now? You have unlimited U.S. taxpayer money. Everyone NEEDS to have a home. More loans, more loans, more loans. A mortgage [...]
Chase produces a Fraudulent Assignment of Mortgage
May 4, 2010 By 1 Comment
J.P. Morgan Chase along with its attorneys cranked out some bogus docs or so it seems. These guys will stop at nothing to get their way. Thanks to 4closurefraud.org for posting this info. – The Bank Slayer J.P. Morgan Chase / LPS Produced a Fraudulent Assignment of Mortgage! Memorandum of Law of The United [...]
No Trust in the Trustee – Rigging foreclosure auctions for profit
May 3, 2010 By Leave a Comment
“There is no trust in this business” said the foreclosure trustee. Scary huh? This isn’t some fictional story. This is real life in Harris County, Houston, Texas. Recently, members of our team confronted the Trustee that was about to auction off the homestead of one of our clients. In our hand was the Temporary Restraining [...]
Facing foreclosure alone? Don’t try this at home!!!
March 15, 2010 By 1 Comment
Plain and simple – it is dangerous to practice law without actual knowledge of what you’re doing. Not so much dangerous from the standpoint of ”unlicensed practice of law” but instead that a typical homeowner is not prepared to go into court and face a hostile (and possibly knowledgeable) attorney working for the bank plus deal the [...]
Freddie buys loan on Sept 09, 9999.
March 11, 2010 By Leave a Comment
Forget a 30 or 40 year mortgage term. How about an 8,000 year term! This is a GREAT example of the fraud and/or negligence perpetrated by many of the mortgage servicers and trustees. REALTORS: Whether you are assisting a homeowner with a short sale or loan modification, it will be for naught if the homeowner is foreclosed upon. [...]
MERS – Who or What are they?
January 18, 2010 By 1 Comment
Recently we came across a great list of data points on MERS. Prepare to be overwhelmed with the purposeful confusion MERS aims to achieve. Articles specifically about MERS can be found here. MERS Basic Corporate Information MERS is incorporated within the State of Delaware. MERS was first incorporated in Delaware in 1999. The total number [...]
MERS – The shadow agent of the banks
January 18, 2010 By 3 Comments
MERS. You might have heard the word but what does it have to do with your mortgage? Look on your Deed of Trust or Note and see if it has a MERS # in the top right hand corner or if it mentions Mortgage Electronic Registration System (“MERS”). If so welcome to the club. Below [...]
