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50 million mortgage meltdown

The Mers Fifty Million Mortgage Meltdown

by Moe Bedard

By LoanWorkout.org Reader Kevin Lamson
PART I. The Promissory Note Evidence Ownership of Debt and Standing to Bring Suit.
· The Fundamentals:
In the period beginning in 1999 and ending in March of 2008, Mortgage Electronic Registration Systems Inc., a/k/a/ MERS, has been named as a “mortgagee” on over fifty million mortgages. Yet MERS has never originated a [...]

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