This is a very good read people…..if it succeeds, the world as we know it ends…..
This is a very good read people…..if it succeeds, the world as we know it ends…..
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Wouldn’t this be just for Florida though?
Yes, Cheryl. The Florida action, if successful, would change the world for Floridians. But this is a public official taking action and we should all encourage similar actions in our counties and parishes. The Delaware lawsuit should be replicated in all 50 states under the appropriate comparable laws. MERS will not be able to defend itself from these proper actions without having to get more capital from its shareholder, among which are the major beneficiaries of the MERS scam: Ally (GMAC), Citi, Fannie, Freddie, Chase, Wells and B of A.
Every register of deeds, county recorder, or other public official charged with maintaining the land records in the nation should bring a Florida-type action against MERS. Every state should bring a Delaware-type law suit against MERS. All states have some type of deceptive trade practices act and/or requires registration with the state for authorization to do business in the state (a normal prerequisite to bring suit in the state) and, in judicial foreclosure states has had its state court judges deceived to grant judgment against homeowners, at taxpayers’ expense. In nonjudicial foreclosure states, the illegally foreclosed homes through MERS has had a catastrophic impact on property-tax values, to say nothing of the loss of the home to the family and the family to the community. On a federal level, this is a racketeering enterprise, which can also be litigated in state court under concurrent jurisdiction. Racketeering predicate offenses include wire-fraud, mail fraud, violations of the False Claims Act, making false claims in bankruptcy courts, etc. (See 18 USC sec. 1961) MERS led to the robo-signing, document fabrication problem and attempted to ratify the false document scam by (at first retroactively) subsequently selling signing authority for a fee.
I agree, Deleware should be replicated in all 50 states. I can tell you from my own personal experience that even MERS records are not correct. They say that my promissary note is held by one company, but I am being sued by a Trust by another company, and I searched their prospectus and my promissary note is not in there. I agree that MERS is a scam.