Posted in Foreclosure, Foreclosure Defense, Legal News

Travis County – Texas Property Owners Suffer Because of MERS Court Ruling

Dana DeBeauvoir

AUSTIN, TX (October 6, 2015) — FOR IMMEDIATE RELEASE

Travis County Clerk Dana DeBeauvoir, joined by the Travis County Commissioners’ Court, issues the following statement regarding the recent ruling by the United States Court of Appeals for the Fifth Circuit in Harris County v. MERSCorp Incorporated:

Most people will never notice that the public paperwork you typically expect to be recorded with the County Clerk whenever you buy a house, get a new lender, or refinance your mortgage isn’t being filed at all. A group of residential lenders created MERSCorp (Mortgage Electronic Recording System) several years ago for its own purposes and for bypassing the public record. This group has succeeded in creating its own private registry. The Travis County Commissioners Court, supported by the Travis County Clerk, joined a federal lawsuit in Nueces County to put a stop to this secret, substitute recording system.

via Travis County – Texas Property Owners Suffer Because of MERS Court Ruling.

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2 thoughts on “Travis County – Texas Property Owners Suffer Because of MERS Court Ruling

  1. Why don’t these people do their homework?! Dissect the damn companies. This is why they lose… “A group of residential lenders created MERSCorp (Mortgage Electronic Recording System) several years ago for its own purposes and for bypassing the public record.”

    These are separate and distinct corporations – not one in the same. There are no documents found anywhere that allows the 2 separate and distinct corporations to commingle assets.

    https://deadlyclear.wordpress.com/2013/09/27/the-history-and-death-of-mortgage-electronic-registration-systems-inc-according-to-the-ustpo/

    Like

  2. Reblogged this on Deadly Clear and commented:
    Why don’t these people do their homework?! Dissect the damn companies. This is why they lose… “A group of residential lenders created MERSCorp (Mortgage Electronic Recording System) several years ago for its own purposes and for bypassing the public record.”

    These are separate and distinct corporations – not one in the same. There are no documents found anywhere that allows the 2 separate and distinct corporations to commingle assets.

    https://deadlyclear.wordpress.com/2013/09/27/the-history-and-death-of-mortgage-electronic-registration-systems-inc-according-to-the-ustpo/

    Like

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