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The MERS Mortgage Twilight Zone- Judges Not Afraid to Do What’s Right

7 Comments / CASES, CDO, Corruption, Eviction, evidence, expert witness, foreclosure, foreclosure mill, HERS, Mortgage, Motion Practice and Discovery, Motions, Pleading, securities fraud, Securitization Survey, Servicer, Statutes, trustee, workshop / By

GREAT POST BY MATT WEIDNER even if the instant motion was timely, the explanations offered by plaintiff’s counsel, in his affirmation in support of the instant motion and various documents attached to exhibit F of the instant motion, attempting to cure the four defects explained by the Court in the prior May 2, 2008 decision …

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MERS Defined in GARFIELD GLOSSARY

5 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

see mers-admits-no-interest-in-mortgage-and-no-loss-on-default see glossary-mortgage-meltdown-and-foreclosure MERS (Mortgage Electronic Registration Systems, MERSCORP): A technology platform in which “members” gain access through password and user ID. Estimated number of employees is 17. Estimated number of “officers” self appointed is in the thousands. The platform is devoted to “servicing” participants in the securitization chain of mortgages. The platform allows …

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