Michigan Judge Rules MERS Assignments Invalid In an interesting ruling that came down yesterday in Washtenaw County, a judge ruled MERS assignments to an Asset-Backed Security invalid because the originating lender, First Franklin and US Bank as the Trustee for Mortgage Loan Asset-Backed Certificate 2006 FF18 violated the terms of the Pooling and Servicing Agreements […]
Robo-Signing Attorney Marshall Isaacs Told Not To Answer Questions During Deposition On May 13, 2011, a deposition was held in a Michigan foreclosure case. This case looks like the dozens of other cases that have popped up in Michigan since the Michigan Court of Appeals ruled MERS does not have the authority to foreclose. However, […]
Foreclosure Defense 101 Lesson 2: Mortgage Electronic Registration System AKA MERS There’s been a lot of chatter on the web lately about the Mortgage Electronic Registration System aka MERS. The Mortgage Electronic Registration System and the role in note assignments and foreclosures. Most of the chatter is coming from mortgage activists and amateur lawyers. They have just […]
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