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MERS CEO TESTIMONY BEFORE SENATE BANKING, HOUSING COMMITTEE

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Uploaded by on Nov 16, 2010

http://stopforeclosurefraud.com
.
sorry about the quality...had to go with what I had at the time.

NOTE: Mr Arnold said there is 20,000 who sign 7 documents but not in this clip. * Ms. Diane E. Thompson Counsel National Consumer Law Center * Mr. R. K. Arnold President and CEO Mortgage Electronic Registration Systems, Inc

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  • MERS is one of the biggest fraud scams ever perpetrated upon AMERICAN soil! If you ever dream of buying a home - please do notice all that crap jargon about MERS before you sign those documents - as you will soon see your dream turned into your worst nightmare!

  • because of corruption in our govt being in bed with #TBTF banks like BofA and Lehman, Sachs, Wells, Chase, etc. Corruption is why they are not prosecuted

  • So, now that we all know this, WHY are these foreclosures still taking place???

  • to bad the MERS system is not established IN LAW

  • And now the chief rat has jumped off the ship in his golden parachutte!

    CEO R.K. Arnold also said in a 2009 deposition that the system had saved its members an estimated $2.4 billion that would have gone to county governments.

    MERS days are numbered and so are many of the banksterds days numbered!

  • Mega Fraud upon Fraud upon Fraud.... neverending

  • Hundreds of years of property laws dating back to England have been destroyed by MERS. Billions of dollars in lost county taxes and fees.

  • Can anyone see him drowning in crap. I authorized my LOAN to be SOLD not turned into a BOND and secularized!!!!!

  • FRAUD FRAUD FRAUD

  • FRAUD, that is a lie, MERS is controlled by the banks. It is NEVER recorded in the courthouse. It is all FRAUD.

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