WTF?

4 Nov

From: Charles Cox [mailto:charles@bayliving.com]
Sent: Tuesday, August 16, 2011 5:26 PM
To: Nancie Koerber
Subject: WTF?

The judge is Michael Mosman of the USDC for the District of Oregon, Portland Division. MERS is gloating over these decisions. Check out their newsroom – http://www.mersinc.org/newsroom/press_details.aspx?id=300

Although Judge Mosman cites Hooker, IMHO, his interpretation is way off. Mosman did what Florida’s 5th DCA did in the Taylor v. Deutsche ruling – take an extremely winding path in order to reach the conclusion that MERS has some sort of authority. To this extent, Mosman states that the infamous clause in every mortgage granting MERS certain rights "if necessary to comply with law or custom" grants MERS the right to receive payment of the obligation.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: