Mess with Mers

Here is a useful trick if you have been forclosed on are in the foreclosure process.

1. Find out who signed the Assignment of Mortgage from Mortgage Electronic (Mers) to the foreclosing Bank. This assignment is public record in the Registry of Deeds or where ever deeds and mortgages are recorded in your area.


2. Now do a public records search to find out where that individual lives. Chances are that he/she owns a piece of property and chances are that they have a mortgage on it.


3. Once again do a registry or title search to find the mortgage signed by this person.


4. Compare the signatures.


5. Every law office that performs foreclosures for Mortgage Electronic makes every officer in that law firm an Assistant Secretary and Vice President of MersCorp. And it seems that there is a policy to have a scrawl signature. This is I presume to allow anyone in the law firm to sign any document. However you just might find that the signature on that persons own mortgage document is actually their own and possibly quiet different from the scrawl used to sign something as mundane as an assignment of your mortgage to allow foreclosure to proceed on you.


6. It is absolutely amazing how little attention to detail is paid by foreclosing entities. It’s as if they feel above the law.


7. But if the signatures don’t match then maybe someone just might owe you a whole pile of cash.


8. It might or might not work in your case but isn’t it worth a try.


9. Remember in most places now to do a title search you only need access to the internet as most registries are online.


10. If you know a Real Estate Agent they have access to Public records through MLS or you could just pay a few bucks to get the address of your oppressor to enable you to get a copy of his/her real signature to compare to the one on the mortgage assignment.
    
    Good luck!!!!