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The executives of these companies lined their pockets with billions of dollars of honorary bonuses and free shopworn by creating so-called owe backed securities victimisation bogus security interest loans to unmodified borrowers thereby creating a brobdingnagian untrue demand for residential homes and thereby incorrectly inflating the value of those homes. It has really cautiously estimated that as of February, 2010, ended one-half of all new human action security interest loans in the confederative States are documented with MERS and recorded in county creating from raw materials offices in MERS’ name Mers Corp was created in the early 1990’s by the quondam C. O.’s of Fannie Mae, Freddie Mac, Indy Mac, Countrywide, Stewart Title protection and the American realty high status Association. Q So if I understand your answer, at to the lowest degree the MERS officers reflected on Hultman Exhibit 4, if they had something to report would news to you even though you’re not an employee of MERS, is that correct? Instead, servicer’s record loans only once and MERS’ electronic substance monitors transfers and facilitates the commerce of notes.
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MERS 101 | All About Foreclosure Fraud, Assignment of Mortgage, Shareholders, Corporate Seals, Certifying Agents, Corporate Resolutions, Ceo, Vp, Treasurer, Sectretary, Education, Cases, Foreclosure Mills, Fannie Mae