see if your chain of title is broken
The following is intended to assist you in making an initial determination as to whether or not your mortgage has been controlled, manipulated and compromised by Mortgage Electronic Registration Systems, Inc. (MERS) electronic management data base resulting in a likely broken chain of title and a likely pretender lender.
If some of your answers below are "YES," then your property's chain of title is likely "broken" and there will be no way for you to obtain a clean and perfectible Deed to your property at the point of payoff of what you think is the owed debt on your Promissory Note. Or, if you are buying a home that was in the MERS system, you may not be getting a clean title – warranty deed – even though you will be making payments to a lender not providing a clean title.
This initial review is just that, initial. However, it is highly indicative that you may have been the unknowing victim of fraud during the course of your home ownership which likely began at, or prior to, the loan closing.
1. Refer to your Mortgage/Deed of Trust
2. "MERS" refers to "Mortgage Electronic Registration Systems, Inc."
3. "MIN" refers to "MERS Identification Number."
This number is of the utmost import and is the controlling number for your Mortgage/Deed of Trust and Promissory Note from the date of closing through the termination of the loan period. There is no more important factual indicator that your Mortgage/Deed of Trust has been compromised.
4. Look for a MIN on the first page of your Mortgage/Deed of Trust. This is an eighteen
(18) digit number and is styled "MIN XXXXXXXXXXXXXXXXXX." The first seven(7) digits refer to the lender registered with MERS. The second eight (8) digits reflect your loan contract number. The last one (1) digit is a check digit. You need not be concerned with the check digit at this point. It may come into play upon further review and analysis.
5. The first section of the Mortgage/Deed of Trust is the Definitions section. Locate the paragraph that specifies the definition of "Lender."
6. If your Mortgage/Deed of Trust is a "MERS Mortgage," there will be a definition either immediately before or after the definition of "Lender" which gives the definition for MERS. The definition generally begins with the sentence "MERS is Mortgage Electronic Registration Systems, Inc."
7. Check the section in definitions that explains the "Note." In most cases, the loan number for the "Promissory Note" will be listed in this section. If the loan contract number is not the same as digits 8 through 17 in the "MIN Number," your mortgage has been compromised and likely was sold "Prior To" filing with the County Recorder's Office.
8. Check the first seven (7) digits in the "MIN Number." Refer to the list of "MERS Members" by clicking on https://www.mersonline.org/mers/mbrsearch/validatembrsearch.jsp
You are looking to see if the name of the mortgage company you think you have dealt with is listed on the list of members and additionally, if the first seven (7) digits in the "MIN Number" match the seven (7) digit "MERS Member" number shown when you click on the name of the mortgage company you think you have dealt with.
In many instances, these numbers do not match. This means that the mortgage company you think you borrowed the money from was not the true lender and was simply sitting at the closing table as a "Table Funder." This is a MAJOR PROBLEM.
9. If your loan contract number begins with one or more leading zeros (0's), there likely is a major problem.
10. If, on the first page or so of your Mortgage/Deed of Trust is the statement "(Your State Name) - Single - Family - Fannie Mae/Freddie Mac," this means that both your Mortgage/Deed of Trust and Promissory Note have been prepared in adherence with guidelines specified by Fannie Mae or Freddie Mac to streamline the securitization and sale of the Promissory Note by turning that Promissory Note into "Bearer Paper."
11. If the phrase "UNIFORM INSTRUMENT WITH MERS" OR "MERS Modified Form" follows the statement in #10 above, the Mortgage/Deed of Trust and Promissory Note have been prepared in accordance with guidelines specifically dictated for MERS by Fannie Mae or Freddie Mac to facilitate the securitization and sale of the Promissory Note as "Bearer Paper."
12. Go to the MERS website at https://www.mers-servicerid.org/sis/index.jsp to see if the Mortgage/Deed of Trust is a MERS mortgage. "MERS Members" have the option to purchase Non-MERS Promissory Notes and integrate them in the "MERS System."
13. Type in the CAPTCHA code on the screen to gain entry. The letters are case sensitive.
14. Left mouse click on the "logon" button.
15. On the next screen, left mouse click on the radio button to the left of the phrase "Search Property Address/Borrower Details."
16. Next, single left mouse click on the radio button to the left of the phrase "Borrower Name, SSN and Property Zip Code."
17. Next, single left mouse click on the radio button to the left of the phrase "Search by Individual Borrower, SSN and Property Zip Code."
18. In the form box that appears, enter the first and last name of the primary borrower, his/her Social Security Number and the property Zip Code.
19. Next, single left mouse click on the "Search" button.
20. After receiving the search results, read the screen carefully. It should tell you how to identify the current investor.
21. There is an extraordinarily high percentage of mistakes in the MERS database, so this information must be further corroborated to insure the highest degree of comfort as to its' accuracy.
22. Next, look at your monthly billing statement.
23. If your account number is a ten (10) digit number, you may be a MERS-controlled loan customer.
24. If your account number is a ten (10) digit number with one (1) or more leading digits being zero's (0's), you are either a MERS-controlled loan customer or are highly likely the victim of an in-house securitization and sale by your mortgage servicer.
25. Next, check your cancelled checks used to pay the monthly mortgage bills.
26. If the name of the business to which you have been paying your monthly mortgage bills changes from one name to another, your Mortgage/Deed of Trust has been securitized and sold unless the change can be verified as having been due to a corporate merger.
27. Check the front and back of all checks to identify the "ABA Check Routing Number," the account number and/or the "ACH Routing/Transit Number" of the account depositing your payment.
28. If any of these three (3) numbers change, you are likely the victim of securitization and the likely destruction of your legal Chain of Title. This means you will not own your home after you make the last payment. This likely means all the money invested in the property has been paid as rent and not as the equity purchase of the property.
29. Bank of America, Wells Fargo, Citibank, JP Morgan Chase and many other lenders are shareholders in MERSCORP, Inc. and Mortgage Electronic Registration Systems, Inc. (MERS). These entities, in some cases, have separate internal residential mortgage securitization divisions which do not deal with MERS. As with MERS, these securitization divisions keep all of their activities privately internalized. They are especially adept at bypassing and failing to make the statutorily required filings at the County Recorder's Office. MERS is not the only organization securitizing and selling Promissory Notes and therefore breaking the "chain of title" on millions of properties.
30. So, if you have found MERS on your mortgage, note or deed of trust, you have more than likely a broken chain of title and need a chain of title assessment for your attorney to review for legal action against your title company and lender to clean/clear it up.
Conclusions and Thoughts
Bank of America, Wells Fargo, Citibank, JP Morgan Chase and many other lenders are Shareholders in MERSCORP, Inc. and its wholly-owned subsidiary, Mortgage Electronic Registration Systems, Inc. (MERS). Including Fannie Mae and Freddie Mac!
Important: These Shareholders control the Boards of Directors of both MERSCORP, Inc. and Mortgage Electronic Registration Systems, Inc. (MERS) and are the very same Shareholders who initially funded and formed these two organizations for the purpose of administratively providing the Shareholders with the privately owned and controlled ability to secretly carry out the massive fraudulent securitization programs that have destroyed the Chains of Title and subsequently the values of millions of residential mortgages.
These entities, in some cases, have separate internal residential mortgage securitization divisions which do not deal directly with MERS. As with MERS, these securitization divisions keep their activities privately internalized.
These entities have proven to be especially adept at circumventing the legal requirements of making statutorily required filings at the County Recorder's Office.
Failing to accomplish these filings have Broken the Chains of Title on millions of residential mortgages.
Although being the most numerically predominant participant, MERS is not the only entity securitizing and selling Promissory Notes and Breaking Chains of Title.
Although unlikely to be the case, even if it is determined that MERS is not obviously involved in your mortgage, you are not free of risk as many mortgages were privately, without the knowledge of the homeowner, moved into the totally destructive MERS System, AFTER your loan closing had taken place. If this proves to be the situation, we will lead you through an in-depth analysis once you have become involved with our effort.
For a thorough explanation of how the MERS' operation may have affected you and your family, download and review Sections 18 thru 18-15 in the "Whistleblower Jurat Affidavit" located in the Documents For Download page.
If some of your answers below are "YES," then your property's chain of title is likely "broken" and there will be no way for you to obtain a clean and perfectible Deed to your property at the point of payoff of what you think is the owed debt on your Promissory Note. Or, if you are buying a home that was in the MERS system, you may not be getting a clean title – warranty deed – even though you will be making payments to a lender not providing a clean title.
This initial review is just that, initial. However, it is highly indicative that you may have been the unknowing victim of fraud during the course of your home ownership which likely began at, or prior to, the loan closing.
1. Refer to your Mortgage/Deed of Trust
2. "MERS" refers to "Mortgage Electronic Registration Systems, Inc."
3. "MIN" refers to "MERS Identification Number."
This number is of the utmost import and is the controlling number for your Mortgage/Deed of Trust and Promissory Note from the date of closing through the termination of the loan period. There is no more important factual indicator that your Mortgage/Deed of Trust has been compromised.
4. Look for a MIN on the first page of your Mortgage/Deed of Trust. This is an eighteen
(18) digit number and is styled "MIN XXXXXXXXXXXXXXXXXX." The first seven(7) digits refer to the lender registered with MERS. The second eight (8) digits reflect your loan contract number. The last one (1) digit is a check digit. You need not be concerned with the check digit at this point. It may come into play upon further review and analysis.
5. The first section of the Mortgage/Deed of Trust is the Definitions section. Locate the paragraph that specifies the definition of "Lender."
6. If your Mortgage/Deed of Trust is a "MERS Mortgage," there will be a definition either immediately before or after the definition of "Lender" which gives the definition for MERS. The definition generally begins with the sentence "MERS is Mortgage Electronic Registration Systems, Inc."
7. Check the section in definitions that explains the "Note." In most cases, the loan number for the "Promissory Note" will be listed in this section. If the loan contract number is not the same as digits 8 through 17 in the "MIN Number," your mortgage has been compromised and likely was sold "Prior To" filing with the County Recorder's Office.
8. Check the first seven (7) digits in the "MIN Number." Refer to the list of "MERS Members" by clicking on https://www.mersonline.org/mers/mbrsearch/validatembrsearch.jsp
You are looking to see if the name of the mortgage company you think you have dealt with is listed on the list of members and additionally, if the first seven (7) digits in the "MIN Number" match the seven (7) digit "MERS Member" number shown when you click on the name of the mortgage company you think you have dealt with.
In many instances, these numbers do not match. This means that the mortgage company you think you borrowed the money from was not the true lender and was simply sitting at the closing table as a "Table Funder." This is a MAJOR PROBLEM.
9. If your loan contract number begins with one or more leading zeros (0's), there likely is a major problem.
10. If, on the first page or so of your Mortgage/Deed of Trust is the statement "(Your State Name) - Single - Family - Fannie Mae/Freddie Mac," this means that both your Mortgage/Deed of Trust and Promissory Note have been prepared in adherence with guidelines specified by Fannie Mae or Freddie Mac to streamline the securitization and sale of the Promissory Note by turning that Promissory Note into "Bearer Paper."
11. If the phrase "UNIFORM INSTRUMENT WITH MERS" OR "MERS Modified Form" follows the statement in #10 above, the Mortgage/Deed of Trust and Promissory Note have been prepared in accordance with guidelines specifically dictated for MERS by Fannie Mae or Freddie Mac to facilitate the securitization and sale of the Promissory Note as "Bearer Paper."
12. Go to the MERS website at https://www.mers-servicerid.org/sis/index.jsp to see if the Mortgage/Deed of Trust is a MERS mortgage. "MERS Members" have the option to purchase Non-MERS Promissory Notes and integrate them in the "MERS System."
13. Type in the CAPTCHA code on the screen to gain entry. The letters are case sensitive.
14. Left mouse click on the "logon" button.
15. On the next screen, left mouse click on the radio button to the left of the phrase "Search Property Address/Borrower Details."
16. Next, single left mouse click on the radio button to the left of the phrase "Borrower Name, SSN and Property Zip Code."
17. Next, single left mouse click on the radio button to the left of the phrase "Search by Individual Borrower, SSN and Property Zip Code."
18. In the form box that appears, enter the first and last name of the primary borrower, his/her Social Security Number and the property Zip Code.
19. Next, single left mouse click on the "Search" button.
20. After receiving the search results, read the screen carefully. It should tell you how to identify the current investor.
21. There is an extraordinarily high percentage of mistakes in the MERS database, so this information must be further corroborated to insure the highest degree of comfort as to its' accuracy.
22. Next, look at your monthly billing statement.
23. If your account number is a ten (10) digit number, you may be a MERS-controlled loan customer.
24. If your account number is a ten (10) digit number with one (1) or more leading digits being zero's (0's), you are either a MERS-controlled loan customer or are highly likely the victim of an in-house securitization and sale by your mortgage servicer.
25. Next, check your cancelled checks used to pay the monthly mortgage bills.
26. If the name of the business to which you have been paying your monthly mortgage bills changes from one name to another, your Mortgage/Deed of Trust has been securitized and sold unless the change can be verified as having been due to a corporate merger.
27. Check the front and back of all checks to identify the "ABA Check Routing Number," the account number and/or the "ACH Routing/Transit Number" of the account depositing your payment.
28. If any of these three (3) numbers change, you are likely the victim of securitization and the likely destruction of your legal Chain of Title. This means you will not own your home after you make the last payment. This likely means all the money invested in the property has been paid as rent and not as the equity purchase of the property.
29. Bank of America, Wells Fargo, Citibank, JP Morgan Chase and many other lenders are shareholders in MERSCORP, Inc. and Mortgage Electronic Registration Systems, Inc. (MERS). These entities, in some cases, have separate internal residential mortgage securitization divisions which do not deal with MERS. As with MERS, these securitization divisions keep all of their activities privately internalized. They are especially adept at bypassing and failing to make the statutorily required filings at the County Recorder's Office. MERS is not the only organization securitizing and selling Promissory Notes and therefore breaking the "chain of title" on millions of properties.
30. So, if you have found MERS on your mortgage, note or deed of trust, you have more than likely a broken chain of title and need a chain of title assessment for your attorney to review for legal action against your title company and lender to clean/clear it up.
Conclusions and Thoughts
Bank of America, Wells Fargo, Citibank, JP Morgan Chase and many other lenders are Shareholders in MERSCORP, Inc. and its wholly-owned subsidiary, Mortgage Electronic Registration Systems, Inc. (MERS). Including Fannie Mae and Freddie Mac!
Important: These Shareholders control the Boards of Directors of both MERSCORP, Inc. and Mortgage Electronic Registration Systems, Inc. (MERS) and are the very same Shareholders who initially funded and formed these two organizations for the purpose of administratively providing the Shareholders with the privately owned and controlled ability to secretly carry out the massive fraudulent securitization programs that have destroyed the Chains of Title and subsequently the values of millions of residential mortgages.
These entities, in some cases, have separate internal residential mortgage securitization divisions which do not deal directly with MERS. As with MERS, these securitization divisions keep their activities privately internalized.
These entities have proven to be especially adept at circumventing the legal requirements of making statutorily required filings at the County Recorder's Office.
Failing to accomplish these filings have Broken the Chains of Title on millions of residential mortgages.
Although being the most numerically predominant participant, MERS is not the only entity securitizing and selling Promissory Notes and Breaking Chains of Title.
Although unlikely to be the case, even if it is determined that MERS is not obviously involved in your mortgage, you are not free of risk as many mortgages were privately, without the knowledge of the homeowner, moved into the totally destructive MERS System, AFTER your loan closing had taken place. If this proves to be the situation, we will lead you through an in-depth analysis once you have become involved with our effort.
For a thorough explanation of how the MERS' operation may have affected you and your family, download and review Sections 18 thru 18-15 in the "Whistleblower Jurat Affidavit" located in the Documents For Download page.
DISCLAIMER: The person/s named in this website are not attorney's and thus cannot render legal advice, draw any conclusions of law or guarantee any legal outcome. www.COTAparalegals.US is not a law firm and thus cannot render legal advice, draw any conclusions of law or guarantee any legal outcome. If you need legal advice, please consult with an experienced attorney.