25 Responses to MERS Mortgage Fraud Update – Foreclosure Proof MERS Loans!

  1. consumerdebtradio says:

    This is why it is so important that you understand how to do a limited title search online for your own mortgage.

  2. VictoriaWarrior says:

    “I don’t understand how the bank with the assistance of the court can divest me of my property through the banks criminal acts of filing fraudulent documents” ~John Stuart

  3. VictoriaWarrior says:

    The banks only stopped foreclosing in judicial states. In all the non judicial states they are going full speed ahead are having a field day filing their fraudulent paperwork. Check my private audio web site for more info.

    V

  4. jay123jd says:

    80% of mortgage fraud losses occur when lender personnel are involved.Of roughly 10,000 mortgage lenders, only 900 have ever filed a criminal referral between 2002-2007. Over 700 of those institutions filed fewer than five criminal referrals. The twenty-five largest filers of criminal referrals filed over 90% of all referrals. FBI sent out a warning Sept 2004 of catastrophic mortgage fraud.

  5. jay123jd says:

    80% of mortgage fraud losses occur when lender personnel are involved.Of roughly 10,000 mortgage lenders, only 900 have ever filed a criminal referral between 2002-2007. Over 700 of those institutions filed fewer than five criminal referrals. The twenty-five largest filers of criminal referrals filed over 90% of all referrals. FBI sent out a warning Sept 2004 of catastrophic mortgage fraud.

  6. ngonea says:

    @HollyTNUSA – you do not know what your talking about, when you signed the note, the bank indorsed it on the back-without recousre, took it to the Fed window and got paid, then they put it in escrow, gave a bank check, (not money) to the seller, they sold the note which became a security, which was pooled and traded on the markert, you do not owe a mortgage, the payments go to the investors, the banks owe the money back

  7. aafnow says:

    Americans Against Foreclosures AAF ® has a page on Face Book:

    And is working on filing a class action against MERS and the SERVICERS.

  8. tnknoxrealtor says:

    @erkme73

    Do a search of your bank online and see if they go through MERS. But I don’t believe credit unions are part of it.

  9. erkme73 says:

    How about Navy Federal Credit Union (or any credit union, for that matter)? Are they participating in the MERS system?

  10. tnknoxrealtor says:

    @whatadaytis

    It is linked in the information about the video, just expand the info and you will see the blog link.

  11. whatadaytis says:

    You say a video we should see (Alan Grayson*s video, I think) is in your blog, but you don*t say where your blog is: Where is it? Thanks for a cheery video!

  12. HollyTNUSA says:

    @tnknoxrealtor
    I agree about the banks and tarp but we will not be paying this back at least most of it will be on our children and grandchildren. As I stated, this was and is a “planned crisis”
    Our economy will collapse if people do not pay what they owe.
    The use of the MERS scam needs to be corrected. I think any loan done that way needs to be redone at the current interest rate and reset. My home was filed as MERS but I know I still owe the money. I just need a clear title of who owns it

  13. PhotonDrive says:

    Yes: and they are after you to sign “Waivers”- so they won’t NEED proof of ownership! And then they advert “refinance specialists”, who ad fees & then repossess Again – HOLDING YOU UP FOR ROBBERY “II”! Meanwhile, urging you to buy STOCKS (look, it’s going UP – just like your house USED TO!); when the only one left buying STOCKS is THE FED! It has become just another FAKE BILLBOARD on the HIGHWAY! Don’t sign/Demand the Note/ Look up frozen Bank trails. Closure-Mill fake seals, signitures, etc.

  14. tnknoxrealtor says:

    @HollyTNUSA

    So it is okay for the banks to have gotten Trillions of dollars from all of us taxpayers and the people did not get a bail out? The banks have already been paid for all the houses out of our pockets already. It is okay for people to be thrown out on the street as they have lost their jobs, and for the banks to make more money on their house?

    I say it is Time for the people to win! It is time for Justice!

  15. HollyTNUSA says:

    If you signned documents to buy a damn house than you owe the damn money to someone
    This is a way to jump ship and is the same thing as stealing in my book

  16. HollyTNUSA says:

    I dont trust the leftist Democrats for anything.
    This is the “PLANNED CRISIS”

  17. bigc028282 says:

    How much of FannieMae is owned by We the People right now????
    When the banks/Fannie foreclose, and then sell at a huge loss, are they compensated by We the People for the difference????

  18. GThomason says:

    The law says your “ORIGINAL SIGNATURE” mortgage note MUST be co-located at the same bank currently financing the loan. A “copy” of the original note will not suffice, just as a “copy” of a dollar bill does not equal a dollar. If your mortage company cannot locate your original signed document (“wet ink” signature) they can be sued for the mortgage amount +3 times that amount. If your mortgage is in MERS, the original most likely is lost. DO NOT RE-FINANCE: It gives them a “new” signature.

  19. GThomason says:

    The law says your “ORIGINAL SIGNATURE” mortgage note MUST be co-located at the same bank currently financing the loan. A “copy” of the original note will not suffice, just as a “copy” of a dollar bill does not equal a dollar. If your mortage company cannot locate your original signed document (“wet ink” signature) they can be sued for the mortgage amount +3 times that amount. If your mortgage is in MERS, the original most likely is lost. DO NOT RE-FINANCE: It gives them a “new” signature.

  20. bigc028282 says:

    We got JPMorgan…..and some complicit prick FAKE representatives like Franken, to Graytard the “crying for those with no forced to pay the corporations “health care reform”
    A Case in the mid 1960′s, in Mn, that proved that the Fed Reserve money is fiat, the because it was, the bank had no right to get a foreclosure. The judge had a boat accident about 6 months later.
    If the FAKE “representatives” are behind something, you can bet it’s for agenda.

  21. mojicaangel43 says:

    iam very happy that the fraud has been discover i been tracking this fraud for sometime cause i am a victum from the servicer and lender

  22. mojicaangel43 says:

    i would like to see all property retured back to their owners strips this fraudster of their duties and put them to jail were they belong and have this new collegees to have a new opportunity in the finacial carrier cause if we going to have this bad worm doing this fraud we need to change the faces

  23. chich234 says:

    Awsome post.

  24. PhotonDrive says:

    This was all part of a gigantic conspiracy – including “9/11″ to PAY for oil, by MORTGAGING U.S. homes – instead of selling corps, city buildings, etc All to prevent the development and deployment of Fuel-Less cars & other transport! U.S. substance has been drained-dry by this gigantic fraud hatched by Israeli financiers & US oil banks. Now “all the chickens are coming home to roost”!
    The inventors of magnetic cars – China – made this literal by poultry tariff recently! (Their idea of joke!).

  25. 1mealperday says:

    @1mealperday subd. You just helped to light my day. Thank you, i already knew the facts but truly enjoyed your delivery. Spirited, i love it. despite all you know you are keeping a strong center and it shows. You go girl,

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