MERS is not the culprit here!

Politicians are grand standing in front of their constituents - but MERS
isn't taking homes away from people. People are not paying their mortgage,
and that is what caused the foreclosure proceedings. Until new owners take
over, and the sooner the better, we won't be able to put this behind us.

> Conflicting Rulings Abound in MERS Judgments

Last week a New York judge ruled that the relationship between Mortgage
Electronic Registration Systems (MERS) and its members is not one in which
the company can act on behalf of the lenders in filing documents and
proceeding with foreclosures. But judges that same week in Kansas and
Massachusetts ruled the connection between the company and its members does
allow for such actions. MERS issued a statement Wednesday saying it plans on
making some changes so that members are not allowed to foreclose in MERS'
> > Read More



Sunil Sethi / Broker, President, REALTOR, MBA / SUNIL SETHI REAL ESTATE
38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536


CA DRE#: 01173766