THE HISTORY AND DEATH OF MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. ACCORDING TO THE USPTO

Posted on September 27, 2013 by Deadly Clear

For nearly 20 years, in particular, the last 10 years, the courts, foreclosure defense attorneys, homeowners and politicians have been bamboozled by the blur and use of “MERS” – the service mark for the MERS® eRegistry system owned and operated now by MERSCORP Holdings, Inc.

“MERS” first became the acronym, an abbreviation for the first Mortgage Electronic Registration Systems, Inc., in 1995. This corporation was registered in Delaware on October 16, 1995. In 1997 Mortgage Electronic Registration Systems, Inc. registered “MERS” as the service mark with the United States Patent and Trademark Office (USPTO) for its mortgage loan eRegistry system. This original MERS corporation has long since been eaten up by other entities created by its executives and board of directors to replace it over the past 18 years. Bottom-line: The original Mortgage Electronic Registration Systems, Inc. is dead and it died in 1998… RIP

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If Corporations Are People – This Person is What the Banks Would Look Like

Posted on September 26, 2013 by Deadly Clear

Not much more needs to be said… Wonder if she works for Bank of America, Wells Fargo or JPMorgan Chase?

Evil woman steals ball from little girl – Published on Aug 14, 2012

A woman steals a discarded baseball from a young girl at Minute Maid Park.
The high five just adds insult to injury. What a giant snatch. Sounds just like the banks after a foreclosure proceeding, doesn’t it? Talk about a moral hazard…

Welcome to Freddie and Fannie’s Mortgage Shell Game

Posted on September 25, 2013 by Deadly Clear

By Shawn Timothy Newman, J.D.
Adjunct Professor
Saint Martin’s University

In common parlance, a mortgage (or Deed of Trust) includes the underlying loan (promissory note) and the security on that loan (mortgage or Deed of Trust). This ignores the fact that the note and mortgage (or DOT) are two separate contracts governed by some different laws and legal principals.

As noted in Powell on Real Property, sec. 37.27 [2] (Michael Allan Wolf ed., LexisNexis Matthew Bender 2010) Continue reading →

Fraudclosure Against America’s Middle Class – A War with Serious Repercussions

Posted on September 24, 2013 by Deadly Clear

A Foreclosure Primer from a Washington State Paralegal.

I. War Against America’s Middle Class.

While most Americans’ (and in fact the world’s) attention is on Syria, I would like to point out that there has been a war waging right here at home for several years, and it is far more likely to have a direct impact on you than anything overseas.

There is a financial war being waged that is arguably as damaging as any war in recent history. Warren Buffet said “In my view, derivatives are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal”. [Click HERE for PDF – Warren Buffet on Derivatives] Continue reading →

Finally an answer to that vexing question. Is There Life After HAMP?

Posted on September 19, 2013 by Deadly Clear

Published by THE RECORDER, Essential California Legal Content

Chavez v. Indymac Mortgage Services [C.A. 4thD061997]
Click here for the full decision

“We conclude the homeowner sufficiently alleged equitable estoppel to preclude the lender’s reliance on the statute of frauds defense.

We also conclude that the homeowner sufficiently alleged a cause of action for wrongful foreclosure.” Continue reading →

Mr. Potter and the State of Washington Legislate No Need for Original Note – Just Take the Land; Bye Bye

Posted on September 16, 2013 by Deadly Clear

By Sidney Sullivan

The history of Washington includes thousands of years of Native American history before Europeans and Americans arrived and began to establish territorial claims. The region was part of Oregon Territory from 1848 to 1853, after which it was separated from Oregon and established as Washington Territory. In 1889, Washington became the 42nd state of the United States – and was recently screwed by its own legislature. [Source: Wikipedia]

On Tuesday, March 19, 2013 the Washington SENATE FINANCIAL INSTITUTIONS, HOUSING & INSURANCE Committee met to discuss SB 1435, a law that excludes the need for the original promissory note – as a convenience to lenders, title insurance companies and the Washington Bankers Association – Mr. ~~Potter~~ Eliason.

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BofA Invasive Tactic in Foreclosures Draws Scrutiny

Posted on September 9, 2013 by Deadly Clear

Don’t think for a minute that this could not happen to you. This is much more prevalent than you can imagine.

The New York Times – by JESSICA SILVER-GREENBERG

Barry Tatum returned to his home in Chicago in December to find that his front and back doors had been torn from their hinges, leaving his possessions exposed to the frigid winds that whipped through his neighborhood.

Terrified that he had been robbed, Mr. Tatum, who had fallen behind on his Bank of America mortgage, raced inside only to discover an unlikely source of the break-in, he Continue reading →

Wall Street’s Mortgage Fraud Scandal. “You can have a house that is fully paid for and still end up in foreclosure”

Posted on August 20, 2013 by Deadly Clear

Wall Street’s Mortgage Fraud Scandal with David Kreiger

In a brilliant interview on Alex Jones’ Infowars, David Kreiger dissects a portion of the foreclosure fraud committed by the banks and their pretender lenders which David’s book, “Clouded Titles” (new updated edition with case cites) exposes.

The mortgage scandal created by banker endorsed deregulation and MERS (Mortgage Electronic Registration Systems) is a fraud that is wide spread and millions of Americans have been affected. What is most frightening is that many of them don’t even know it yet.

“You can have a house that is fully paid for and still end up in foreclosure,” Alex Jones explains and discusses with David Kreiger in detail. A must watch the video below. Continue reading →