FW: Mers big loser in Ark sup ct....how many of these decisions before mers files for b/r? Is mers bleeding members yet
Posted: Sat Mar 21, 2009 12:08 pm
charset="windows-1251"
The case suggests that we should be entitled to rely on the records of the
County Recorder, and not have to worry about unrecorded assignments,
transfers and resales of the note.
Not sure why this decision harms MERS or its client. The foreclosure was by
the junior lienholder so the foreclosure buyer acquired title subject to the
claim by MERS and its client.
David A. Tilem
Certified Bankruptcy Specialist*
Law Offices of David A. Tilem (a debt relief agency)
206 N. Jackson Street, #201, Glendale, CA 91206
Tel: 818-507-6000 Fax: 818-507-6800
* Bankruptcy specialist cert. by State Bar of CA Bd of Legal
Specialization.
The post was migrated from Yahoo.