2010-07-10foreclosuredefensenationwide.com

``The court found that MERS acted “only as a nominee” for Bayrock under the Deed of Trust and there was no evidence that the note was transferred. The opinion also provides that “several courts have acknowledged that MERS is not the owner of the underlying note and therefore could not transfer the note, the beneficial interest in the deed of trust, or foreclose on the property secured by the deed”''



Comments:

tvsterling at 07:47 2010-07-11 said:
The Banksters & Company actually being forced to comply with the rule of law. What a novel concept. Permalink

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