Skip to main content

View Diary: The Banksta Gangsta-in-Chief George Launches Economic War May, 2002 (7 comments)

Comment Preferences

  •  Oh there was (1+ / 0-)
    Recommended by:
    wilderness voice

    MERS was put in place, a superhiway of fraudulent transactions.

    Foreclosure Fraud Smoking Gun? MERS Foreclosure Rules Published in 1999

    It's difficult to be happy knowing so many suffer. We must unite.

    by War on Error on Sun Oct 02, 2011 at 08:35:29 AM PDT

    [ Parent ]

    •  MERS. Any K.I.S.S. version? (1+ / 0-)
      Recommended by:
      War on Error

      My eyes glaze over rapidly.............Any help would be appreciated.

      •  Cribb (0+ / 0-)

        While choreographing The Greatest Heist in History, the plan needed an electronic highway (for speed) and for obfuscation.

        MERS is that electronic highway.  BUT, not good enough.

        MERS was deemed the Holder of Title on all the electronically signed and transfered (sometimes to several different so-called Mortgagors in one day).

        I discovered MERS (Mortgage Electronic Registration Systems) inadvertently.  I was curious about rumors of lots of forclosures so I bought a news paper and checked out the classified ads.

        I was shocked to find hundreds of foreclosure listings.  This was in August, 2008.

        I then noticed that the Lien Holder was MERS, so I researched it.

        Well, in a former life I have worked for two law firms and a Title company doing real estate work.

        I scratched my head and asked

        "How can an electronic highway foreclose on someone's house?"

        BTW, MERS was formed by the Mortgage Bankers Association, all the big banks, Tony Mozilla Countrywide, Fannie, Freddie, in short all the gangtas and bankstas that destroyed the world economy in 8 short years.

        Who would ever think to elect GOP again?  And Dems played along.  So now what?  Who can we elect?

        It's difficult to be happy knowing so many suffer. We must unite.

        by War on Error on Mon Oct 03, 2011 at 04:35:55 PM PDT

        [ Parent ]

Subscribe or Donate to support Daily Kos.

  • Recommended (172)
  • Baltimore (88)
  • Community (84)
  • Bernie Sanders (66)
  • Freddie Gray (60)
  • Civil Rights (58)
  • Elections (41)
  • Culture (38)
  • Hillary Clinton (36)
  • Media (36)
  • Racism (33)
  • Law (32)
  • 2016 (31)
  • Labor (27)
  • Education (26)
  • Environment (25)
  • Politics (23)
  • Republicans (23)
  • Barack Obama (22)
  • Economy (21)
  • Click here for the mobile view of the site