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35%  
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Keyword: leagality

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  • “MERS Corp Lacks Right”, Says Judge

    02/15/2011 12:51:09 PM PST · by survivingcalifornia · 4 replies
    www.survivingcalifornia ^ | 2/15/2011 | SurvivingCalifornia
    Inquiring minds are watching the loses pile up for the beleaguered MERS Corp. We at SurvivingCalifornia.com have been writing on this for quite some time now and people are beginning to believe that this is an incredible problem. Now a U.S. Bankruptcy Judge in New York has stated that MERS has no right to transfer mortgages: U.S. Bankruptcy Judge Robert E. Grossman in Central Islip, New York, in a decision he said he knew would have a “significant impact,” wrote that the membership rules of the company’s Mortgage Electronic Registration Systems, or MERS, don’t make it an agent of the...