Category Archives: MERS

MERS: Fake organization sues pranksters pretending to be MERS

Ah, MERS—the “mortgagee of record” on some 62 million + mortgages.  Their very business model is fakery, in that they claim to be the “beneficiary” or “mortgagee” of these millions of mortgages, when they know that they are in fact … Continue reading

Posted in California, Foreclosure, Foreclosure fraud, MERS, Paper terrorism, Securitization Fail | Tagged , , , , , , , | 1 Comment

FBI, Secret Service members of MERS, but why?

Well now!  This is veeeerrry interesting, indeed. Apparently, the FBI and the Secret Service are members of the opaque, fraud-enabling/title-laundering racket known as MERS.  But why?  Neither the FBI nor the Secret Service are in the real estate business or … Continue reading

Posted in Conspiracy, Crap-italism, Everything Is Rigged, MERS | Tagged , , , , , , , , | Leave a comment

“Substantial Evidence” of “Forged” Endorsements: Wells Fargo Loses One

The money quote (pun very much intended) from Judge Robert Drain’s Memorandum of Decision, filed yesterday in a New York bankruptcy case regarding a Texas property in which attorney Linda Tirelli is representing the homeowner: I conclude that the foregoing … Continue reading

Posted in Conspiracy, Crap-italism, Everything Is Rigged, Financial Terrorism, Foreclosure, Foreclosure fraud, Living Lies, MERS, Paper terrorism, Securitization Fail, Wells Fargo | Tagged , , , , , , , , , , , , , , , , , , , , , , , | 7 Comments

THE “MERS-LPS RACKETEERING ENTERPRISE”: HARKEY V. US BANK ET AL.

A complaint filed on January 20, 2015 in U.S. District Court for Nevada—Michael Harkey v. U.S. Bank et al. (Case No. 2:14-cv-00177-RFB-GWF)–really breaks down exactly what the scam of MERS is, and it does so with a level of clarity … Continue reading

Posted in Crap-italism, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Foreclosure, Foreclosure fraud, MERS, Paper terrorism, Redistribution, Rentier, Securitization Fail, US Bank | Tagged , , , , , , , , , , , , , , , | 3 Comments

FANNIE “MBS”= MORE BULLS@!#: MORGENSON MISTAKEN?

In an article from last week about Fannie Mae pursuing deficiency judgments in Florida, Gretchen Morgenson essentially defends Fannie Mae, saying this (“Borrowers, Beware: The Robo-Signers Aren’t Finished Yet,” New York Times, Nov. 15 2014): “Fannie Mae is certainly justified … Continue reading

Posted in Crap-italism, Endorsement, Everything Is Rigged, Fannie Mae, Foreclosure, Foreclosure fraud, MERS, Paper terrorism, Secondary debt market, Securitization Fail, Uncategorized | Tagged , , , , , , , | 1 Comment

WAKE UP AMERICA—YOU HAVE BEEN SCAMMED! (GUEST POST)

A first for LRM—a guest post, and it’s from the great Shelley Erickson!  For the most part, the formatting and highlighting herein is the same as it appeared when Shelley sent this to me at the end of last year.  … Continue reading

Posted in Bank of America, Conspiracy, Debt, Endorsement, Everything Is Rigged, Fannie Mae, Foreclosure, Foreclosure fraud, Judicial Misconduct, Living Lies, MERS, Secondary debt market, Securities, Securitization Fail, Too big to fail, Washington, Wells Fargo | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

MERS: THE INVISIBILITY CLOAK OF THE BANKSTERS

Yes, the banks don’t want you to see what they’re doing–or not doing, as the case may be.  Specifically, they don’t want you to see that they have separated your note from your deed of trust/mortgage.  In my opinion (and … Continue reading

Posted in Asset Bubble, class war, Conspiracy, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financialization, Foreclosure fraud, Living Lies, MERS, QE unlimited, Redistribution, Reverse socialism, Securities, Securitization Fail, Wealth transfer | Tagged , , , , , , , , , , , , , , | 7 Comments

PT. 2: NO ENDORSEMENT, NO NEGOTIATION–NO NEGOTIATION, NO SECURITIZATION

Revisiting a great Neil Garfield article today on the subject of “ta-da” endorsements and the Wells Fargo manual (posted an excerpt of this article in my last post, which got me to reading over it again).  He had this to … Continue reading

Posted in Bank of America, Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Fannie Mae, Financial Terrorism, Foreclosure fraud, Kangaroo court, Living Lies, MERS, Paper terrorism, QE unlimited, Securitization Fail, Wells Fargo | Tagged , , , , , , , , , , , , , , , | 3 Comments

NO ENDORSEMENT, NO NEGOTIATION–NO NEGOTIATION, NO SECURITIZATION

Incredible story making the rounds the last few days about a rather high percentage of unendorsed notes being offered by the Bank of New York in foreclosure/bankruptcy cases.  As high as 79%.  That’s more than three quarters of the notes … Continue reading

Posted in Bank of America, Debt, Everything Is Rigged, Fannie Mae, fiat currency, Foreclosure, Foreclosure fraud, Living Lies, MERS, QE unlimited, Redistribution, Securitization Fail, Wells Fargo | Tagged , , , , , , , , , , , , , , , , | 3 Comments

WHO OWNS WHAT: BANKS AND THE NEW FEUDALISM

In a new Salon article, David Dayen eloquently sums up root cause of the new feudalism, which is being helped along by the federal government and federal courts: “Many focus on how the failure to prosecute financial crimes, by Attorney … Continue reading

Posted in Debt Slavery, Feudalism, Financial Terrorism, Foreclosure fraud, MERS, Paper terrorism, Rentier, Securitization Fail, Wealth transfer | Tagged , , , , , , , , | 3 Comments