[ShortSaleBuyingExperts:55] Bank MUST Own the Note !!! Can't Split NOTE from MORTGAGE ( Dah-No Kidding ! )

[Short Sale Buying Experts]

RE: FORECLOSURE FLASH ! Bank MUST Own the Note ! ! !

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.Decloared.Un.Enforcable-Title.Quietetd.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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