ERIC HOLDER REPRESENTED MERS?

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SUBMITTED BY MARY MALONE

Reuters and all Americans need to know that the reason there have been no prosecutions is: Attorney General Eric Holder is implicated in the cover-up.

Before joining the Obama White House, Holder was a partner at the white shoe law firm, Covington & Burling, who represented MERSCORP.

In 2006 Covington & Burling wrote the legal opinion that justified MERS business model to the lending and title industries.(letter on scribd.com)

AG Holder effectively squashed all FBI investigations into actions of TBTF banks in 2008, when he arrived in office. No actions were initiated until the s#$% hit the fan in October 2010, when robo-signing scandal bubbled up in national media.

Then, Holder directed his top lieutenants, Covington & Burling alumnae all, to launch investigations into mortgage fraud. The FBI was told to partner with the Mortgage Banking Association, the trade group for TBTF banks.

The FBI, in partnership with MBA, created a definition of mortgage fraud which does not include banks. It narrowly focuses on consumers and flim-flam artists.

So, if the definition of mortgage fraud does not include banks, banks will not be investigated.

Instead, the Federal Government has partnered with the trade agency whose members committed $11 trillion heist to arrest the people who who defrauded by the banks.

Ain’t crony capitalism grand?

Tags: bankruptcy, borrower, countrywide, disclosure, Eric Holder, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, LOAN MODIFICATION, MERS, modification, quiet title, rescission, RESPA, securitization, TILA audit, trustee, WEISBAND
Posted in bubble, Corruption, Eviction, securities fraud |