Tag Archives: Law

MERS Wins Case in Kentucky

Posted on March 9, 2012 by Donald

Tweet The U.S. Court for the Western District of Kentucky, Paducah Division, has ruled in favor of Mortgage Electronic Registration Systems Inc. (MERS). The case was filed against MERS by the clerks of two Kentucky counties where they sought to … Continue reading →

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Foreclosure by Facebook

Posted on June 10, 2011 by admin

Tweet Consider this: suppose you were delinquent on you mortgage payments.  And suppose the bank was not able to contact you or to find you.  Perhaps you have moved and left no forwarding address or phone number. So, if they … Continue reading →

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Damaging a Home in Foreclosure Might Become a Felony

Posted on March 22, 2011 by admin

Tweet We have seen numerous stories where homeowners facing foreclosure have removed appliances, fixtures and even the copper plumbing and wiring before they finally leave the house. I suspect that these actions are for two basic reasons: one is simple … Continue reading →

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Massachusetts Supreme Court Rules against Wells Fargo in Foreclosure Case

Posted on January 11, 2011 by admin

Tweet If you have been following the MERS involvement in the foreclosure crisis you are well aware of MERS and the robo-signer stories.  Courts have been ruling against MERS and the banks.  They have dismal record keeping procedures and the … Continue reading →

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Neither a Borrower Nor a Lender Be

Posted on July 27, 2010 by admin

Tweet As most of you probably already know, real estate investors take many different forms.   My friend and mentor had referred t0 the various stages in the life of an investor.  He called them “Starters”, “Builders” and “Enders”.  There was … Continue reading →

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Investors File Suit Against Lenders

Posted on July 17, 2010 by admin

Tweet The foreclosure drama takes another turn.  Investors have begun suing the lenders claiming that the lenders misrepresented the value of loan packages, thereby causing them to lose money on their investments.  The claim is that the lenders committed appraisal … Continue reading →

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Lawsuit Could cost Mers Billions

Posted on June 29, 2010 by admin

Tweet A Reno law firm recently filed suits against MERS, (Mortgage Electronic Registration Systems) in both Nevada and California.  The suits allege that MERS and dozens of lenders associated with MERS have defrauded the government of recording and filing fees.   … Continue reading →

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