Oct 4, 2018

If you want to know what persistence means, go visit Bill Paatalo. This time this Oregon private investigator has found a California statute that applies to many different originators. It seems that once they have been deactivated, nobody is allowed to make a transfer of anything on behalf of the originator unless the originator has settled all tax liabilities.

The use of MERS to provide cover for illegal transfers is now coming under increasing scrutiny and findings by multiple courts. If the originator’s name is listed as “lender” on the mortgage and payee on the note, then without a legal transfer from the originator, MERS, as agent, is also suspended and cannot be the agent of another entity unless MERS has a separate agency contract with the “new entity.”

But the real question is when will the courts recognize that the judicial system has been weaponized against the interest of landowners by parties falsely asserting agency or powers of attorney from entities that are suspended  or no longer exist or that never existed.

see Paatalo Article on Legal Status of Originators Who Are Suspended From Making Any Transfers of Assets