MERS "Foreclosure Proof" Homes on Fox News Insider

http://stopforeclosurefraud.com/mers-101/ for more info!
Mortgage Electronic Registration Systems, Inc. (MERSCORP)

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News & Politics

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• Dinsfla
• stopforeclosurefraud.com
• bob massi
• ellen brown
• foreclosure fraud
• foreclosure mills
• foreclosure proof
• fox news
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• MERS

[ryanalee]

BTW - This is not a "loophole" like this stupid fucking reporter is trying to imply. It is the fulcrum point of the entire fraud that mortgages really are. This will eventually come out on TV so you can then believe it. Calling this a "loophole" is just as much of a crime as the original fraud committed by the banks. "Loophole" make it sound like you are getting away with something. Nothing could be further from the truth. The banks used a loophole in your mind to rob you and your family.

[ryanalee]

Every non private mortgage in America is fraud. The bank never lent you anything! They monetized your signature and then sold you your own credit. The average American mortgage has been monetized over 4x the original value of the mortgage. So, if you think you borrowed $500K. What actually happened is they stole $2 million from your private account and then had the Gall to bill you for $500K plus interest. Don't get it. Look at Winston Shrout and wake up.

[cdimmm]

All bank loans are fraud, they can't lend anything according to their own charter

[ipowerpilot]

This is such a mess. Even people who are not in foreclosure should see what's up here. What really happens when the deed to your home is actually in the possession of an investor and no one even knows how to contact that investor if necessary? People think the ownership to their home is safe because they have some papers and live there. I wonder if the title company could find the original deed to my home? No wonder title companies are hesitating to write title on millions of homes.

[coolhandlukeAZ]

Does anyone have a clue what this does to someone over a period of time. Fighting for what is Right over 2 years now and not being able to get help with out paying a fortune for and for something you should not pay a dime for. They all know, the Feds the lawyers, the Judges they all know. This is why they allow people to walk away from their homes. It was a way of not dealing with the issue ... The Real Issue. It is nothing but Racketeering and they are all involved.

[thelowroller]

@ryanalee ryan , well said, the whole monterized credit mtg. was nothing but fraud, and should be stated as such! loophole you got to give them credit for pulling that one out of the hat

[bushdidit2u911]

fuck the banksters!

[TheGoodThanks]

Fox News, start getting professional.

[awatchfuli]

This clip is talking about the problem, we are doing something about it!!!

YOU CAN TOO...

youtube "Showmetheloan"

[HollyTNUSA]

I talked to a Closing Attorney about this the other day and he said that MERS was legal

WTH? So attorneys in the closing process of all these mortgages HAD to know what was happening! I call ours on Monday and asked for a Complete copy of all our closing papers. All we have is unsigned copies

I pay my bills and have NO problem paying my mortgage but by golly, it is going to be recorded with the County as required by law!

[thodal2000]

I have pretty good idea that the note was pledged to the FED via the discount window to secure the funds for the loan. Its called the Fed's borrower in custody program.Look up Public Law 106–122 106th Congress

It gives the banks permission to convert promissory notes backed by residential mortgages directly into Federal Reserve Notes. Which of course they "lend" back to you.

BULL !They sell your note and "lend" you the proceeds. The remedy is trover and conversion without recourse proves a sale