[ShortSaleBuyingExperts:56] RESEND: Bank MUST Own the Note !!! Can't Split NOTE from MORTGAGE ( Dah-No Kidding ! )

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Steve Weber

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May 22, 2010, 4:09:18 PM5/22/10
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RESEND BECAUSE OF BROKEN LINK IN PRIOR EMAIL:

------------ RESENT MESSAGE-------------------------------------------------------------------------
From:    Short Sale Buying Experts <shortsaleb...@gmail.com>
Date:     Sat, May 22, 2010 at 2:49 PM
Subject: Bank MUST Own the Note !!! Can't Split NOTE from MORTGAGE
             ( Dah-No Kidding ! )
To: Short Sale Buying Experts <ShortSaleBu...@googlegroups.com>
-------------------------------------------------------------------------------------------------------------------

RE: Bank MUST Own the Note ! ! !
       Can't Split NOTE &from MORTGAGE ! ! !


The Court System is Finally Standing Up for the Little Guy!


Recently, the Southern District of New York ruled in favor of a

borrower who was being foreclosed upon by their mortgage
bank because the Bank Could NOT Prove that they Owned the
Mortgage.

Learn More What HAPPENS When the Banks (Pretender Lenders)

Separate the Note from the Mortgage / Deed of Trust through MERS.

What DOES This Means For You ? ! ?


About 60% of all mortgages that were given out during the lending and

refinance boom are held by MERS as nominee. There is a good chance
that your mortgage is held in this fashion. If you can find your copy of
the mortgage papers you signed all those years ago, look on the first
page of the mortgage documents and see who is named as the lender
or mortgagee. If it is MERS as nominee, you may have a viable defense
to foreclosure or may be able to have the debt completely relieved in
bankruptcy.

What Are Your REMEDIES ?


FIND OUT NOW At:

http://Groups.Google.com/group/ShortSaleBuyingExperts/web/Foreclosures-Bank.Must.Own.Note.pdf

Be Sure to Read the Section on "Quiet Title" at the End of this
Article Too !

MORTGAGE UNENFORCEABLE - MERS SPLIT NOTE AND MORTGAGE:


ADDITIONALLY IN Bellistri v Ocwen Loan Servicing, Chief Judge:

Nannette A. Baker Ruled on 3rd March 2009, that Mortgage Declared
Unenforceable When NOTE & MORTGAGE WERE SPLIT through the
use of MERS.

Ironically, the use of MERS to make ownership of the note and mortgage

easier to trace also made the deed of trust unenforceable. Who knows
how many promissory notes are out there that don’t mention MERS, even
though MERS is the beneficiary of the deed of trust securing such notes?

YOU WILL WANT TO READ MORE ON THIS NOW AT...


http://Groups.Google.com/group/ShortSaleBuyingExperts/web/Mortgage.Unenforceable-MERS.Split.Note.&.Mortgage.pdf


You ALL Are GOING to LOVE These TWO NEW POSTS !



THIS WILL PROVE HELPFUL TO US ALL FOLKS ! ! !


Your Group Moderator

"Hard at Work for You "

POST NOTE:


ALSO READ PREVIOUSLY POSTED ARTICLE ENTITLED:


What's IN Your Mortgage = MERS (Posted 30th March 2010) at:

http://ShortSaleBuyingExperts.GoogleGroups.com/web/What%27s.IN.Your.Mortgage%3DMERS.pdf


REMEMBER TO INVITE OTHERS TO JOIN YOUR GROUP NOW At:

http://Groups.Google.com/group/ShortSaleBuyingExperts/members_invite



--
Hope You FIND this Info and Your Group HELPFUL,
 
Steve:Weber
931-668-8080 OFC
615-815-4041 Cell
888-815-2747 FAX
ShortSaleB...@gmail.com
 
P.S. Your Participation and Contributions Are Welcomed
Please SEND them to me at Email Address Above ! !
 
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