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So who forced them to break the real estate laws of 50 states and create their own with MERS and there by making it all but impossible for hundreds of thousand honest homeowners of ever getting a clear title?

There are over 3,000 lender organizations that participate in MERS. They're not all banks. I'm sure you knew that. This is certainly a fly by the seat of your pants type operation huh. NOT! MERS does not profit by any foreclosures. You knew that too right? It receives all it's funding from participating lending institutions. As I understand it, there are problems. Those problems need to be addressed. I am not intimately familiar with the problems or the finer details, but there ARE questions that need to be asked, I'm sure.

What lending institutions have been closed due to MERS? Which CEOs have been prosecuted and placed in prison? Name the banks and the lending institutions that have been fined, and the amount of those fines. And are any such fines actually legit, or are they mearly attempts by Congress and the Courts to cover their own posteriors for their complicity in this meltdown?

Just becaues they were called before Congress, that doesn't mean they have done a thing wrong. Now they may have, but this certainly is not proof of it. Who really set up this house of cards, the banks lending instutions or Congress and the courts? How many judges or Congressmen have been called before Congress to answer for forcing lending institutions to grant loans to low income people who had no ability or intention to ever pay them off? How many of them have been censured, fined, or fired?

Who force them to cheat states and counties of legally require recording fees?

Look, there are 3,000 lending institutions that participate in the MERS program. Evidently MERS isn't stiffing everyone across the board. Perhaps there have beem some negative things done, but that is by no means the total scope of the operation.

This is the same dog and pony show that Congress runs every time they are responsible for something. They call in industry officials that have been forced into doing Congress' bidding, and act as if they are the cause for the disasters that Congress has created.

Has anyone called Barney Frank on the carpet? Has anyone called Janet Reno on the carpet? Has anyone called Barack Obama on the carpet? How about the Clinton administration that played a part in all this? Obama played a lesser role, but he was involved in one case and certainly knows how this thing got started. Why hasn't his arse been called over to Congress to explain why lending institutions were sued in order to force them to grant loans to low income players?

Who made them package up these loans and sell them multiple times there by getting back the face value of the loans multiple times while still colecting mortgage management fees?

You crack me up. Congress, Acorn, and the courts forced lending institutions to make bad loans. Then you and they get all pissed off because the lending institutions bundled loans and sold them to Fannie May and Freddie Mack. They also sold them to financial institutions in the U. S. and abroad. What did you expect them to do, hold on to the paper until everything went belly up and our lending industry was compeletely destroyed? Who didn't see this coming? Ever since I heard of these loans being out there, I was waiting for the other shoe to drop, and I'm not even in the industry. Any kid with a fifth grade grasp of math could see this house of cards for what it was.

If you think things are bad now, what if those banks and other lending institutions had held on to ALL that paper? Would it have been better for every bank in the U. S. to have become insolvent in the same 60 day stretch? Would it have been better if all home mortage lending institutions went belly up too in the same 60 day period? What are you thinking?

You can't screw the lending institutions into the dirt, then expect them to not try to diversify their holdings so as not to become destroyed while they twiddled their thumbs.

Which office in the White House or Congress do you work for anyway?

MERS is a front, but you know that or you should.

On April 7, 2010, in the Superior Court of New Jersey, MERS Treasurer and Secretary William C. Hultman gave an oral sworn video/telephone deposition in the case of Bank Of New York v. Ukpe.:

Q Do the assistant secretaries — first off, are you a salaried employee of MERS?
A No.

Q Are you a salaried employee of MERS Corp, Inc.?
A Yes.

Q Are any of the employees of MERS, Inc. salaried employees?
A I don’t understand your question.

Q Does anyone get a paycheck, if they are an employee of MERS, Inc., do they get a paycheck from Mercer, Inc.?
A There is no MERS, Inc.

Q I thought, sir, there’s a company that was formed January 1, 1999, Mortgage Electronic Registration Systems, Inc. Does it have paid employees?
A No, it does not.

Q Does it have employees?
A No.

Q Does MERS have any employees?
A Did they ever have any? I couldn’t hear you.

Q Does MERS have any employees currently?
A No.

Q In the last five years has MERS had any employees?
A No.

SNIP

Q How many assistant secretaries have you appointed pursuant to the April 9, 1998 resolution; how many assistant secretaries of MERS have you appointed?
A I don’t know that number.

Q Approximately?
A I wouldn’t even begin to be able to tell you right now.

Q Is it in the thousands?
A Yes.

Q Have you been doing this all around the country in every state in the country?
A Yes.

Q And all these officers I understand are unpaid officers of MERS?
A Yes.

Q And there’s no live person who is an employee of MERS that they report to, is that correct, who is an employee?
A There are no employees of MERS. If so, how does anyone have any authority to sign security instruments encumbered by any loan documents, if these certifying officers are not paid employees and never attend corporate meetings in the capacity as Vice President, Assistant Secretary, etc. with Mortgage Electronic Registration System,