Replies

Thanks in advance for any help that anyone can offer here!

1 posted on 02/20/2010 4:06:38 PM PST by Alberta's Child

To: Alberta's Child

MERS provides tracking numbers for the hundreds of millions (billions?) of mortgages across the country. Look for the bar code.

Mortgages (and other instruments) change hands so often, a private database was created.

http://en.wikipedia.org/wiki/MERS

2 posted on 02/20/2010 4:09:14 PM PST by Petronski (In Germany they came first for the Communists, And I didn't speak up because I wasn't a Communist...)

To: Alberta's Child

I apologize if the info on Karl Denninger’s “tickerforum” is behind a password, but there’s a fair amount of info thereon. Let me know if you cannot access.

http://tickerforum.org/cgi-ticker/akcs-www?post=119986

http://www.zoominfo.com/people/Horstkamp_Sharon_35082712.aspx

http://tickerforum.org/cgi-ticker/akcs-www?post=120785

3 posted on 02/20/2010 4:10:40 PM PST by Attention Surplus Disorder (Voters who thought their ship came in with 0bama are on their own Titanic.)

To: Alberta's Child

4 posted on 02/20/2010 4:10:56 PM PST by IllumiNaughtyByNature (3V3Ry71N' 084M4 D03z 83N3f17Z MU5l1mz. c01NC1d3nc3?)

To: Alberta's Child

5 posted on 02/20/2010 4:11:23 PM PST by JoeProBono (A closed mouth gathers no feet)

To: Alberta's Child

if you want to FReepmail me the address I’ll do some digging on some sites i use for property short sells, foreclosures, etc./

6 posted on 02/20/2010 4:12:12 PM PST by IllumiNaughtyByNature (3V3Ry71N' 084M4 D03z 83N3f17Z MU5l1mz. c01NC1d3nc3?)

To: Alberta's Child

Also, any liens will be available at the county records office.

7 posted on 02/20/2010 4:12:59 PM PST by IllumiNaughtyByNature (3V3Ry71N' 084M4 D03z 83N3f17Z MU5l1mz. c01NC1d3nc3?)

To: Alberta's Child

MERS is a shell company created by the mortgage companies and Wall Street. Loans are assigned to MERS so when a loan is sold from one entity to another the transfers do not have to be registered at your local gov’t office.

8 posted on 02/20/2010 4:14:45 PM PST by C19fan

To: Alberta's Child

bookmark for later

14 posted on 02/20/2010 4:27:03 PM PST by Elle Bee

To: Alberta's Child

15 posted on 02/20/2010 4:30:38 PM PST by builder (I don't want a piece of someone else's pie)

To: Alberta's Child

MERS is only the electronic filing system for millions of mortgages bundled into securities which are sliced and sold into several MBS tranunches. MERS has been on the losing end of many foreclosures in multiple states (Ohio, Florida, MA to name a few) because while MERS represents the leinholder as agent for processing, it is not the leinholder. In addition, MERS can not produce the original signed documents. They try to use electronic representations (an image or fax) but the courts have not caught up with the technology and require the originals.

While this does not assist in your title search, it sounds like you just are looking for foreclousre notice and if that has been adjucicated. the MERS info will not help there. you have to do a title search on the property and a search to see if any notices of default have been filed against the property. contact the attorney who filed the notice of default and inquire as to status. many NOD’s are currently in limbo while loan modifications are pursued. you may have keep checking if any Notice updates are filed.

also ask the taxing authority where the tax bills are sent. I am not an attorney but do puchase tax liens and do my own title searches.

21 posted on 02/20/2010 9:03:40 PM PST by tomd2

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