Posted on 02/14/2011 4:47:02 PM PST by Kartographer
Here's the link to the "new" and "improved" MERS look-up tool.
MERS® Servicer Identification System
We've been ripped off and must demand immediate return of all stolen money and private property. Our entire economy is a fraudulent shell-game.
If your mortgage was fed into this system than legally speaking no (if this ruling holds).
You have been paying people who don’t have the right to be paid because they can’t claim the house. Therefore even if you pay them the full amount they can’t give the house to you because they never owned it.
IF, the people you originally got the mortgage kept i or transferred it but did so properly then after paying them all the money you get to own the house. You should check the records at your county to see if the people you are paying money to really own the house you are paying them for.
Oh gosh yes I’ve seen people say terrible things and see them arguing in favor of the banks even when an article clearly shows the fraud on the part of the banks. They simply see a couple of sentences from the article and without reading it in full start in. They continue even after you specifically point out the facts in the rest of the article.
I call them Bankster’s from time to time free speech and all that I think we can call them what we like. And speaking of Bankster’s look at JP Morgan/Chase apologizing for over charging our service members like they did.
JPMorgan Apologizes to Veterans for Overcharges
http://www.cnbc.com/id/41601271
Don’t ping me to the half ass spin news sites, go read the real case, the mortgage was foreclosed on and the dead beats showed the street. The judge actually said the old rules apply and nothing beats the mortgage of record. Pay up get out, end of whining, there is not going to be any free mortgage giveaways.
Yep, you’re right ... the old rules apply, and nothing beats the mortgage of record; nobody argues that.
Except for many banks; they don’t believe that.
+
Ping.
Fortunately I already own a clear title so all I have to do is pay my rent (property tax) to the county. I wonder though why some on FR have the attitude you mention as if there are only “deadbeats” who don’t want to pay and they shouldn’t wonder about what happens after thirty years of payments when the original papers cannot be produced when needed to clear their title.
The financial wizards who perpetrated the entire mortgage mess sure did, and profited greatly from it. What's good for the banksters is good for the rest of us.
The same "you are a deadbeat" crowd will then tell you how stupid you were for paying somebody who didn't really own the mortgage. It's just "whistling past the graveyard" behavior. Frankly, they can screw off.
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