VICTORY --- Montgomery County v. MERS | MERSCORP, MERS GETS SLAMMED IN PENNSYLVANIA -- PLEASE SPREAD FAR AND WIDE

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VICTORY — Montgomery County, PA v. MERS | MERSCORP, MERS GETS SLAMMED IN PENNSYLVANIA — PLEASE SPREAD FAR AND WIDE

VICTORY — Montgomery County, PA v. MERS | MERSCORP, MERS GETS SLAMMED IN PENNSYLVANIA — PLEASE SPREAD FAR AND WIDE

IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF PENNSYLVANIA
MONTGOMERY COUNTY, PENNSYLVANIA,
RECORDER OF DEEDS, by and through
Nancy J. Becker in her official
capacity as Recorder of Deeds of
Montgomery County, on its own
behalf and on behalf of all others
similarly situated,
Plaintiff,
v.
MERSCORP, INC., and MORTGAGE :
ELECTRONIC REGISTRATION SYSTEMS, :
INC.,
Defendants.
MEMORANDUM AND ORDER
JOYNER, J. June 30, 2014
…it is hereby ORDERED that Defendants’ Motion is DENIED in its
entirety and Plaintiff’s Motion is GRANTED IN PART as outlined in
the preceding Memorandum Opinion.
IT IS FURTHER ORDERED that Declaratory Judgment is hereby
entered in favor of Plaintiff and against Defendants such that
Defendants’ are declared to be obligated to create and record
written documents memorializing the transfers of debt/promissory
notes which are secured by real estate mortgages in the
Commonwealth of Pennsylvania for all such debt transfers past,
present and future in the Office for the Recording of Deeds in
the County where such property is situate.
IT IS STILL FURTHER ORDERED AND DECLARED that inasmuch as
such debt/mortgage note transfers are conveyances within the
meaning of Pennsylvania law, the failure to so document and
record is violative of the Pennsylvania Recording Statute(s).
…….
In addition, Plaintiff has produced reports from two of its
proposed expert witnesses with experience in forensic analysis of
chain of title issues and real estate law – Marie T. McDonnell
and Charles W. Proctor, III. Ms. McDonnell reported on her
analysis of a MERS mortgage for a residential property in
Montgomery County which was originated with Countrywide Home
Loans, Inc. in June, 2005, was securitized in late August, 2005,
sold at least three times and foreclosed in March, 2013. (See,
Plaintiff’s Exhibit “G,” pp. 3-5). Throughout the process, Ms.
McDonnell found that there were five missing assignments that
should have been recorded with the Montgomery County Recorder of
Deeds, that the MERS Milestones data was incomplete and in
contradiction to the securitization deal documents, and that
title to the property had been corrupted by MERS’ failure to
record a complete chain of title. (Exhibit “G,” p.7).
[…]
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6 Responses to “VICTORY — Montgomery County, PA v. MERS | MERSCORP, MERS GETS SLAMMED IN PENNSYLVANIA — PLEASE SPREAD FAR AND WIDE”

  1. israel144 says:

    Busted!! Big up to the Montgomery County recorder. Hopefully, other County Recorder Clerks will follow suit, if they got the balls to do so.

  2. Charles Reed says:

    The MERS Milestone report sheet is a goldmine as I reported to the OCC after receiving it from Ginnie Mae through the FOIA back in 2012!

    However the Federal Government been covering up for MERS as Ginnie Mae got a copy of the Milestone that show with Ginnie Mae pooled loans that title right are given up by the lenders, and they cannot call the loan due!

  3. Papergate says:

    Excellent!!!

  4. Mike says:

    To Charles Reed:

    How is the Milestones Report a goldmine? I finally got one after issuing a federal subpoena, it shows all purported transfers and even an entry that says “PAID IN FULL”.
    But nowhere is the party that purportedly foreclosed even mentioned…ever. What can I make of this?

  5. T.Y says:

    I have been telling the Crawford County
    PA Record of Deeds about this and she
    still refuses to take any action! I even explained
    to her about mers not recording assignments
    and all the money MERS is stealing from
    the County and how many homes now have
    clouds on their title! She does not care.
    SHE SHOULD BE BOOTED OUT OF
    HER POSITION!

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