View Full Version : Interesting, I am being foreclosed my MERS
Cebu_4_2
1st December 2010, 04:52 PM
Just got my paper stuck to the door, We shall see how this plays out. I have nothing else to say right now, not pissed not anything actually just didn't think they would stoop to MERS... waiting on more response from my representative.
General of Darkness
1st December 2010, 05:00 PM
Is this your place or a relatives place. Either way, sorry to hear the bad news.
midnight rambler
1st December 2010, 05:08 PM
Is this your place or a relatives place. Either way, sorry to hear the bad news.
It may be great news if approached the right way.
osoab
1st December 2010, 05:09 PM
Actually having MERS serve it might turn out well for you. MERS is just services the loan. They have no skin in this game.
Depending on what state you live in (look @ recent court cases) walk into court and say show me the note.
Horn
1st December 2010, 05:12 PM
Quit paying mine 2 years ago, they finally got around to collecting it last week.
k-os
1st December 2010, 05:53 PM
Keep us updated, Cebu_4_2. Is this your home? If so, when did you stop paying your mortgage?
Cebu_4_2
1st December 2010, 06:02 PM
Keep us updated, Cebu_4_2. Is this your home? If so, when did you stop paying your mortgage?
Yes my home, was paid for at one time. Haven't paid about 1.5 years, they claim that I did not provide a full financial package of which I did. If I had any living relatives I could see a fire sale but that is out of the question too. lol Container homes are looking quite attractive to me.
ximmy
1st December 2010, 06:07 PM
Keep us updated, Cebu_4_2. Is this your home? If so, when did you stop paying your mortgage?
Yes my home, was paid for at one time. Haven't paid about 1.5 years, they claim that I did not provide a full financial package of which I did. If I had any living relatives I could see a fire sale but that is out of the question too. lol Container homes are looking quite attractive to me.
So you paid it off, took another mortgage and bought metals right??? ;D
Libertytree
1st December 2010, 06:19 PM
Cebu, most folks from what I read are trying to get verification of an MERS loan! Some people have found it and others have not because they scuttled their website or some such. Having MERS on the paperwork is a gift IMHO.
Joe King
1st December 2010, 07:07 PM
How can MERS "re"possess that which they never possessed, nor even had the ability to legally possess in the first place?
Per my understanding, MERS was set up to not actually be able to own the houses under mortgage that are listed with it.
Serpo
2nd December 2010, 01:07 AM
How can MERS "re"possess that which they never possessed, nor even had the ability to legally possess in the first place?
Seems they cant.......
Silver Rocket Bitches!
2nd December 2010, 07:10 AM
The Supreme Court of...I think it was Kansas ruled recently that MERS has no right to these titles. I see this going to the US Supreme Court eventually (which will ultimately favor the banks). Until then, ride this wave. It is one of the precious few ways to stick the banksters!
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