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Dubai

Mers - A Us Federal Cover Up?

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Washington, D.C., May 9, 2010: “ Our pushing the fact that the mortgage “protection” service, MERS, is a Federal cover to keep homeowners from learning that their home or business mortgage has been so sliced and diced (and sold abroad) that no one with MERS “protection” will ever be able to get a clear title has brought forth a paniced response from the Obama administration. It is a form letter, to be signed by the sucker brigade and it won’t take a Harvard graduate to see that if you sign it, you are screwed to the wall and can never get your title. If you are dumb enough to sign this, you deserve what you get, buddy.”

“Dear [borrower and Co-borrower name (s)]

“If you are looking for help selling your home and avoiding foreclosure, the federal government has introduced the Home Affordable Foreclosure Alternatives (HAFA) Program to help you. As your mortgage servicer, we are offering you the opportunity to participate in this program by utilizing HAFA’s short sale option.”

It goes on to explain the program, and then at the bottom of page 3 of 7 it reads:

“By signing this letter, you are agreeing not only to a short sale, but also to a deed-in-lieu of foreclosure if a short sale is not successful. If you have any questions about the deed-in-lieu of foreclosure, please call us before signing and returning this letter.]”

We know from our studies that the odds of pulling off a short sale are remote because you are negotiating with the servicer, not the investor, and because of MERS, the investor can never be found.

So, the Government is setting you up for hope in getting out of your house without having to go through a foreclosure, and then when you can’t (oh, too bad, we tried), you are forced to give it up. You are signing away all hope of fighting an illegal foreclosure.

rest at: http://tbrnews.org/wordpress/?p=53

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  • 259 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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