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NEWS

CHECK OUT RESULTS OF TARP PROGRAM

http://rawstory.com/rs/2010/0414/watchdog-slams-obama-mortgage-rescue-program/

IMPORTANT IF MERS IS INVOLVED IN YOUR FORECLOSURE YOU MAY BE ABLE TO GET THE CASE DISMISSED.

By Mark Mausert, Nevada mark@markmausertlaw.com 2010/03/07 at 8:24pm

On September 25, 2009, R.K. Arnold, the President and CEO of MERSCORP, Inc. — the parent corporation of Mortgage Electronic Registration Systems, Inc. was deposed in Alabama. Arnold is also an Officer of MERS. Arnold admitted MERS does not have a beneficial interest in any mortgage; does not loan money; does not suffer a default if monies are not paid; etc. etc. On November 11, 2009, William C. Hultman was deposed in Alabama and made the same admissions. And, of course, the internal agreement used by MERS expressly disavows any beneficial interest.

For all those who are looking for the owner of their mortgage and note, here is a resource I found helpful if your case involves Deutsche Bank as trustee. On the website below, select RMBS (residential mortgage backed security) and search using the name of your trust or servicer to find what really happens to your payment and to who your payment is and is not being paid to!!

https://tss.sfs.db.com/investpublic/

Also Check with Fannie Mae and Freddie Mac to see if they claim to own your mortgage.

http://loanlookup.fanniemae.com/loanlookup/

https://ww3.freddiemac.com/corporate/

Abandoned foreclosures a mounting crisis in Manatee

http://www.bradenton.com/2010/02/28/2092163/manatees-foreclosed-homes-abandoned.html?story_link=email_msg

Here we go again, Freddie Mac “New Wave of Foreclosures Coming”

http://www.mercurynews.com/business-headlines/ci_14461477

More Recent Foreclosure Articles

http://www.boston.com/news/local/articles/2010/02/28/foreclosure_crisis_spreads_to_affluent_communities/?s_campaign=8315

http://www.vindy.com/news/2010/feb/27/foreclosure-crisis-deepens-despite-earli/

http://www.tennessean.com/apps/pbcs.dll/article?AID=/201002280210/BUSINESS01/2280349