Scratch this record!!!!! Need help go to MERS!!

Last week Fannie Mae asked treasury for $1.5 billiion in assistance …now comes Freddie with loss and seeks aid.

You know this is outrageous! They applaud MERS and write recommendations of how they are excited with MERS but yet MERS does nothing but conceal information from the borrowers and has secret agreements with the possible beneficiaries of these loans. MERS takes tax dollars away from our schools, children, counties etc.

While we are on this subject of counties and states, why are they crying bankruptcy and major cut backs…how about ending the MERS sham and go after the fees that you cry about with them? Who does this benefit? Not us but the Mortgage Banking Industry and Wall Street so called Lending Institutions.

All these problems came about the same time MERS came to existence…now tell me something? Isn’t this a tad of a coincidence these issues became at the same time sub-prime loans hit peak?

By now we all have witness the Foreclosure Barons you have as designated counsel and what do you plan to do about it? No matter what dots there are, both Fannie and Freddie have a connection?

Why was all this NEVER a REAL PROBLEM in the past with assignments…lets say prior to 1998? Hmmm…

We are no fools.

Related posts:

1. Fannie and Freddie Continue to Rely on Foreclosure Mills Despite Evidence of Fraud Posted by Yves Smith at 6:08 am A good piece...
2. MERS May NOT Foreclose for Fannie Mae effective 5/1/2010 Double Standard here now…but they can foreclose on us using...
3. EXCLUSIVE: Fannie and Freddie’s Foreclosure Barons How the federal housing agencies—and some of the biggest bailed-out...
4. MERS comments on the Commission’s Proposed Rule for Asset-Backed w/ Referrals Excerpts: MERS was created in 1995 under the auspices of...
5. Foreclosure Mills| Wall Street’s Latest Fraud Scheme Posted by Zach Carter at 7:30 am August 5, 2010...