The Daily Astorian-
Clatsop County is joining 11 other counties in a $50 million lawsuit against a private mortgage registry over recording fees.
The lawsuit alleges that Mortgage Electronic Registration Systems, or MERS, owes the counties millions of dollars in unpaid fees.
“We think we’re probably missing out on somewhere between $35,000 or $70,000 a year in filing fees,” Clatsop County Manager Cameron Moore said.
Under state law, whenever mortgage debt is bought or sold, the transfer must be recorded in county records. MERS, a private registry created in 1995 by the banking industry, has been serving as the owner of record. The mortgage-industry company has, for years, essentially transferred the beneficial interest of a property to itself, circumventing the typical filing fee owed to the county clerk’s office, Clatsop County Counsel Heather Reynolds told county commissioners last week.
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.
HSBC bank- a Chinese – English hybrid proves, in my post, below, a criminal laundry. The elements of “Law Enforcement”?, within my post, prove Treasonous behavior. HSBC is referred to, among banking as the English, “Crown Jewell”, even as they are corrupt to the bone. Our country is now and for some time, in thrall to an international, criminal, cartel, that is “English-based”. You may wish to disagree; so be it. In my post you may learn the British Finance Minister, George Osborne compelled American “Law Enforcement”?, to commit Treason, in order to conceal the behaviors of the “English Crown Jewell of Banking”. Our politicians have sold US all, on the cheap, to an international Scam that centers on “Mortgage Fraud”… of that, there is absolutely zero doubt.
The “deferred prosecution agreement” and criminal admissions of HSBC Bank were Booked in Sept 2012.
The agreed-upon, criminal behaviors, in what amounts to a plea bargain agreement, include: (Violations of) “TWEA- Trading With Enemies Act”; “BSA Bank Secrecy Act”; all “AMLs- Anti-Money Laundering Acts”; “IEEPA- International, Economic Emergency Power’s Act”.
The Moore Family of Philadelphia first exposed the DPA and Federal Judge Gleeson wrote the following analysis:
You may read the court document here:
Case 1:12-cr-00763-JG Document 23 Filed 07/01/13
Federal Judge Ann Donnelly has replaced Judge Gleeson and Lynch, Comey, Holder and Breuer have been involved in concealing what is going on. The release of the DPA is now under appeal.
Lynch, Comey and the Obama DOJ have allied with an English Chinese Bank in allowing the appeal, in order to deny US Citizens any knowledge of its contents.
The bank agreed they are guilty and the US DOJ has been concealing their admissions, they are guilty, since December 2012.
The violations occurred in Brooklyn. Loretta Lynch signed for Brooklyn as Prosecutor on Dec 2012.
Lanny Breuer signed for Eric Holder as Assistant AG on Dec 2012.
So… Holder, Breuer and Lynch all know and 3 months after they conspired through the DPA to conceal their plea bargain, James Comey was placed on the Executive Board of the English – Chinese hybrid, HSBC- “Hong Kong Shanghai Banking Corporation”.
Of course, Eric Holder’s Law Firm, “Covington-Burling”, created the MERS and it has been used for over a decade to counterfeit titles to American Homes.
The counterfeit titles allowed the REMIC Trusts to be violated and Pension Funds to be robbed.
The REMICs- “Real Estate Mortgage Investment Conduits”, are now, instead, REMIFs- “Real Estate Monopolized Insurance Frauds”.
Holder’s MERS allows banks to “pretend” ownership of real estate, on “loans” the Pension Plans have already paid, in-full.
The banks then place the Assets (title to American Homes) in Shadow Trusts in the Cayman Islands (Google Bucketeering).
The banks then sit back and use the 30-day monthly payments to cleanse terror and drug money in the HSBC criminal laundry. Some “loans” are for 20-30 years (of payments, on titles, paid, in-full, by Pension plans, every 30 days).
The banks also use counterfeit title to place “Naked Short Sale Derivatives Bets” that Americans will default (go into foreclosure), so they can collect on the “Derivatives”, as “Insurance Pay-Offs”.
The banks also use counterfeit title to cheat all 3142 county recorders, across 50 US states.
This is one reason why there is zero money for representative government in places where children are poisoned to death because of the lack of fresh water… places like Flint, Michigan.
~Michael Keane 10/7/16
Holder’s law firm created the counterfeit machine that is the MERS- “Mortgage Electronic Registration System”. It is an imposter to lawful, as set by precedent, paper, wet-ink signature, original contracts, entered into county offices, as opposed to electronic, digitized COPY, entered into an electronic, privately-owned and operated, never vetted as legal, computer boutique.
Please contact me directly if you think an electronic copy of a contractual signature is the same as the original- I want to sell you a Babe Ruth-signed, baseball.
Read : http://scholarship.law.wm.edu/cgi/viewcontent.cgi?article=3399&context=wmlr
Particularly p. 116. It describes the MERS as a “shell company” used to “pretend” to own American real estate. Read footnote 23, from p.116. R.K. Arnold, the CEO explains it his intention to “capture” every “mortgage” in the country.
(The author, Professor Christopher L. Peterson wrote the MERS critique while a law professor at SJ Quinney Law School, in Utah. He is now the chief counsel for enforcement of the CFPB.)
Arnold and the MERS now claim an “ownership” ability to transfer some 70 million American real estate titles, despite Arnold’s deposition in court he is the sole employee of his company.
Arnold’s claim he is the sole employee is refuted by some millions of rubber stamps he sold for $25.00 a throw that now show any number of mortgage-industry-insiders rubber-stamping forged documents that claim they are, in fact, MERS Employees.
Their position in the company invariably describes these frauds as “Senior Vice Presidents…
To a company the owner claims has no employees.
Holder and Breuer worked 8 Obama years and never prosecuted a single banker. Now, Holder and Breuer are back working for their old law firm, “Covington-Burling”, that created the hopelessly fraudulent MERS.
In fact, Holder’s other creation, “TBTF”, is yet another, intentional lie; read David Dayen, from “Livinglies”: https://livinglies.wordpress.com/…/david-dayen-eric-holder…/ .
https://livinglies.wordpress.com/2016/07/15/david-dayen-eric-holders-longtime-excuse-for-not-prosecuting-banks-just-crashed-and-burned/
Lynch, Comey, Holder, Breuer are all aware of the contents of the DPA as those criminal admissions are given in the name of Clinton’s Criminal Laundry of choice: “HSBC”, “Hong Kong Shanghai Banking Corporation”; a bank that supplied the Clintons 80 million from among a cast of the usual suspects within the banking industry http://www.salon.com/2012/09/14/clintons_no_liberal_hero/
So, 6 months after Two Attorneys General are aware an English-Chinese bank is laundering terror and drug money for known enemies of the US, killing our soldiers, the present FBI Director James Comey is placed on the executive board of that bank. Holder’s wife and Loretta Lynch are sorority sisters and Comey’s brother makes millions as the Clinton’s accountant- just one big, happy family.
~ Michael Keane (written 10/7/16)
Please post this on your wall, share it and spread it.
Kareem Salessi 11-22-16
Mr. Keane:
Thank you for your informative comments above, and here are links to a few of those HSBC related court-documents:
https://www.unitedstatescourts.org/federal/nyed/337139/55-0.html
http://nylawyer.nylj.com/adgifs/decisions16/020416hsbc.pdf
http://nylawyer.nylj.com/adgifs/decisions16/020416hsbc-doj.pdf
https://magnusolssonsweden.wordpress.com/
http://business.cch.com/BFLD/hsbc_bank_02012016.pdf
https://www.justice.gov/sites/default/files/usao-edny/legacy/2015/04/06/HSBC%20Memorandum%20and%20Order%207.1.13.pdf
The total amount of drug money laundering, and other money violations, of HSBC in the above criminal case seem to be around $ONE BILLION DOLLARS, while the “Wachovia Drug Cartel” laundered drug money into “Wells Fargo Drug Cartel” was around $500 BILLION (i.e.: 500 times)!
The above “$1/2 TRILLION Wachovia-Wells Fargo drug money” was quietly whitewashed and laundered as it appears at the top of “SALESSI LITIGATION PAGE”, however, it was laundered with the work of the same lawyers who are working on the HSBC case now.
From the time the HSBC case was filed, it appeared to me that it was providing an effective distraction from the “Wachovia-Wells Fargo drug money laundering whitewash in its Florida case”, and if so, it has absolutely served as such, because no-one has even heard of that “$1/2 trillion laundered drug money”, while HSBC’s comparatively minuscule violations have taken so many years and created so much more noise in all the circles arguing it.
MERS:
I only read the conclusion to your attached law-professors’ article, from the 2011 William & Mary Law Review.
It appears that its authors didn’t have the faintest clue what MERS had been set up for, and has accomplished so far. Even to this day, I haven’t seen any court documents, expert opinions, or publications on MERS proving their authors to have had any clues about MERS real purpose!
MERS has been the ultra-secret kept Weapon of Mass Destruction (WMD) of financial criminals against USA, and the rest of humanity, as I have recently disclosed. Google: “Salessi WMD”.
The “avoidance of recording fees” is a bogus red-herring to throw off the public, courts, lawyers, and may be the DOJ (the ones who don’t sell out), from what MERS really has accomplished, namely the counterfeiting of at least $1,500 TRILLION worthless Mortgage-Backed Securities (MBS), to unload on the world to capture the world’s wealth for the rest of human history!
I have explained “MERS counterfeiting mechanics” in much detail in my 9th Circuit Opening Brief, case# 13-57063, at my last comment linked below, even though MERS was not related to my own case/s, but in order to inform the public of its ultimate facts, and operations:
https://stopforeclosurefraud.com/2016/10/11/resources-a-comprehensive-history-documenting-the-events-that-caused-the-2008-financial-crisis/comment-page-1/#comment-545289
Thanks Mr. Dubin for posting this comment.
“Kareem Salessi 11/22/16”