62 MILLION HOMEOWNERS COULD BE OFF THE HOOK FROM THEIR MORTGAGE! MERS!

I wonder if this is possible in other countries

so if you have a MERS mortgage but are not under water or in foreclosure does it help in any way?

Then the IRS counts the house and possibly all remaining mortage payments as taxable income. Voila you fucko's are not getting a free house , not today , not ever. I do look forward to buying up all your useful shit at IRS auctions and reselling it for a bundle. So yes please get in on the free house deal , the more the merrier)

Then the IRS counts the house and possibly all remaining mortage payments as taxable income. Voila you fucko's are not getting a free house , not today , not ever. I do look forward to buying up all your useful shit at IRS auctions and reselling it for a bundle. So yes please get in on the free house deal , the more the merrier)


Ahhh but you forget there are attorney fees awarded and damages... I will be more than happy to save that money to pay the IRS if even needed.
Also if fraud was involved you are not liable for further payments - done, finished.
you act like the IRS considers this a GIFT. Not when you have been damaged and an order by the court! obviously you don't have a good accountant.


So I guess you are happy the bank got paid not once, not twice but three times for your house. Then they got paid insurance on the house..... So who's the one letting the banks continue on to be rich off the tax payers.

how can you tell if your mortgage is a MERS? or 2nd mortage?

how can you tell if your mortgage is a MERS? or 2nd mortage?



look on your deed of trust.

Also 2nd mortgages are unsecured.

I have NO problem with the thought of the banks losing out and 62 million getting their homes FOR FREE! The people have been screwed by the banks with it.

MERS does not own the mortgage - NO one entity owns the mortgage that is the problem! The banks figured out a way to screw the people.

I say NOW IT IS TIME FOR THE PEOPLE TO WIN AGAINST THE BANKS!

Did your BK attorney list the 2nd as "UNSECURED DEBT" on your schedule. Sounds like he didn't.
If not - he actually had you commit perjury.
YOUR BK attorney didn't do you any favors and sounds like he a cattle BK attorney - pushing as many through as he can.
If he did list is unsecured - the bank would have to prove they are the parties of interest (owner of the note)



how can you tell if your mortgage is a MERS? or 2nd mortage?



look on your deed of trust.

Also 2nd mortgages are unsecured.

I have NO problem with the thought of the banks losing out and 62 million getting their homes FOR FREE! The people have been screwed by the banks with it.

MERS does not own the mortgage - NO one entity owns the mortgage that is the problem! The banks figured out a way to screw the people.

I say NOW IT IS TIME FOR THE PEOPLE TO WIN AGAINST THE BANKS!


If 2nd mortgages are unsecured, why couldn't mine be included in bankruptcy? As far as I know, the bank owns my house because of the 2nd mortgage. My first mortgage is a verbal agreement with my dad, it's complicated but we've been making the payments to him every month, and a BK attorney tells us we are liable to pay back all that money if we did file BK, as it is considered "insider privelage" so now I am working with creditors to try to settle some of my debts. Bank of America are being asses. I guess they would rather sell my debt for pennies on the dollar than take my 30% offer.

don't want the bad karma of knowing I'm going to get my house for free because of some stupid loophole, even if houses are overpriced.

YOU chose to sign the dotted line to buy the house at a specified price. Deal with it.

don't want the bad karma of knowing I'm going to get my house for free because of some stupid loophole, even if houses are overpriced.

YOU chose to sign the dotted line to buy the house at a specified price. Deal with it.

Yep... pay your debts.

You leaches would be the first to cry is yoyr employer found a loophole and screwed you out of a dime.

I know karma exist and karma paybacks are rough

Take your chances.

don't want the bad karma of knowing I'm going to get my house for free because of some stupid loophole, even if houses are overpriced.

YOU chose to sign the dotted line to buy the house at a specified price. Deal with it.

Allonge and Stellionate

These are terms associated with financial crimes (stellionate is selling the same thing to more than one buyer); allonge is a tracking document usually attached to a bill of exchange.

We may hear more of this with the MERS mess and with the multiple paper claims on commodities - especially the metal gold.

You may wish to acquaint yourself with these terms.

Here is one hit for allonge: [link to www.wisegeek.com]

One of many hits for stellionate: [link to legal-dictionary.thefreedictionary.com]

I bought a house I could not afford, so I stopped paying. Now I can afford to get all the beer and cigarettes I need.
Does this mean I can continue to live in my house for free while my neighbor is paying for their house?