MERS DEATH ZONE - Double Class Action Lawsuits Filed Against Mortgage Registration Puppet

Jan 7, 2011 at 10:20 PM
DailyBail in FRAUD, bank fraud, banks, banks, foreclosure, foreclosure, foreclosure fraud, housing, housing bubble, housing bubble, mers, mortgage, mortgage

Scroll down for VIDEO - Interview with MERS CEO

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IN THE SUPERIOR COURT OF FULTON COUNTY
STATE OF GEORGIA

DUSTIN ROLLINS

v.

MORTGAGE ELECTRONIC :
REGISTRATION SYSTEMS, Inc.;
and MERSCORP, Inc

The Plaintiff shows herein that MERS’ foreclosure on Plaintiff’s property was not valid and was wrongful, as are those foreclosures by MERS on the property in the State of Georgia of all similarly situated persons to the Plaintiff wherein MERS sent the notice of foreclosure to the debtor and wherein MERS purports to have exercised the power of sale and auctioned the property. MERS does not have the authorized power to send a valid notice of foreclosure within the State of Georgia for those deeds where it is “solely a nominee” and does not have the authority or power under Georgia law to foreclose on a property or engage in an auction of sale on such property where is is “solely a nominee” on such deeds.

Dustin Rollins v Mers Class Action Suit

We can only imagine the blood-curdling feeding frenzy as trial lawyers gash the bones and suck the marrow from the fraudulent banks.

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Class Action vs Mortgage Electronic Registration Systems, Gmac, Deutsche Bank, Nation Star, Aurora, Bac, Ci...

Scribd Document:  Class Action vs Mortgage Electronic Registration Systems, Gmac, Deutsche Bank, Nation Star, Aurora, Bac, Citigroup, Us Bank, Lps, Et Al

From page 75 of the Kentucky complaint:

• "From the time of the Great Depression up and until 1999, the conversion of loans into MBS was illegal.  The Banking Act of 1933 established the Federal Deposit Insurance Corporation (FDIC) in the United States and introduced banking reforms, some of which were designed to control speculation of the exact nature of what has taken place in the last several years.  It was commonly known as the Glass–Steagall Act.  Over the years provisions of the Act were eroded little by little, until the Act was finally killed with the last repeal of the section which prohibited a bank holding company from owning other financial companies.  This was accomplished with the Gramm–Leach Act."

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Fox Video:  CEO R.K. Arnold discusses how the company and its database are involved in the nation's foreclosure mess.

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• Who is on the MERS Board of Directors?

• MERS Issues Press Release To "Clarify" Its Role In Foreclosure Fraud

• JPMorgan Chase dumps MERS

• Jamie Dimon conference call comments on Foreclosure Fraud

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You can also verify your loan servicer with MERS online -- takes 45 seconds:

• Look Up Your Mortgage at MERS

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And you can find out if Fannie or Freddie own your note:

• Does Fannie Mae Or Freddie Mac Own YOUR Mortgage?
  

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Related stories:

• Financial Times: "The real danger here for banks is that 'show me the note' becomes widespread"

 

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Article originally appeared on The Daily Bail (http://dailybail.com/).