Jul 21, 2010

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Despite hundreds of decisions over the last three years stating in no uncertain terms that MERS can’t assign anything because it doesn’t have anything to assign, they found this one case to crow about. It all boils down to the fact that since their name is in the title record, they are entitled to notice — something which I doubt will stand very long even in Missouri. Their claim about “due process” is in my opinion a desperate grab for continued existence. MERS will be out of business, in my opinion, within 1 year and probably less. Their records are bogus and unsecured and no not qualify as either public records nor as business records. MERS information is inadmissible as evidence. They disclaim any actual interest in the obligation, note or mortgage, they never touch the documents and they never touch the money nor do they have any record of monetary transactions. The best anyone can say about them is that anyone who is offering a document or testimony based on MERS authority or data is an incompetent witness. The worst I won’t mention here.