[Occupymendocino] Fw: MERS cases in Nevada and Washington

[Agnes Woolsey]

An interesting court case says that MERS cannot forclose on homeowners unles they can produce the original mortgage note signed by the homeowner. The banks had bundled securitized loans and sold them to investors multiple times losing the chain of title. So MERS has an impossible job. More reason to use eminent domain to transfer foreclosed properties  to counties and stop the avalanche of expected foreclosures-3,000 more in 2012.
Agnes
----- Original Message ----- 
From: Lisa Wuriu 
To: california-occupy-homes at googlegroups.com ; foreclosurepreventionzones at googlegroups.com 
Cc: CJ Holmes 
Sent: Tuesday, October 16, 2012 12:36 PM
Subject: MERS cases in Nevada and Washington


http://www.examiner.com/topic/foreclosure

http://seattletimes.com/html/businesstechnology/2018934163_mers17.html
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