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There is a continuing problem in the offices of the Recorders of Deeds in every county in this country. There is a record failure with every transfer of interest on real estate mortgages. This intensified and dynamized with the advent of ELECTRONIC MORTGAGE REGISTRATION SYSTEMS (MERSCORP). Pennsylvania has some very strict and unique laws and statutes meant to prevent that problem, but here we are, with a huge amount of confusing titles all over the state.

Ms. Nancy Becker Montgomery County Recorder of Deeds has made some headway with the recent July 1, 2014 decision in US District Court ED Pennsylvania v. MERSCORP (ELECTRONIC MORTGAGE RECORDING SYSTEMS):

“…Declared that Defendants are required to create and record written documents commemorating transfers of debt/notes that are secured by real estate mortgages in the Commonwealth of Pennsylvania for all such past, present, and future transfers of debt in the Recording Office of Deeds in the county where such property is located…to the extent such transfers of debt/mortgage notes are transfers within the meaning of Pennsylvania law, failure to document and record violates the Registration Laws of Pennsylvania.”

That momentous, but long overdue decision, with the well thought out Law Memorandum alone, does not clean up the records in any of the Registrars of Deeds offices in any county. None of the mortgages currently registered more than nine months old with ELECTRONIC MORTGAGE RECORDING SYSTEMS as a nominee of the Original Lender, have any party registered in the offices of the Registrar of Deeds with the ability to assign or satisfy the mortgage without creating a forgery legal, as the true beneficial interest on the mortgage loan has not been recorded as required within the time limit established by the legislature in 21 Pa. Stat. 621, most original transfers are made between 1 and 90 days after settlement.

Our courts across the state are clogged with fraudulent foreclosures, using falsified mortgage assignments. Similarly, there are registrars of deeds all over the state who are trying to help people who are trying to liquidate their property in a sale, but are unable to do so due to the mess in the records caused by this failure to record who the party is. real with beneficial interest. At that time.

Few, if any, of the Foreclosure Defendants know that the foreclosure party is not the interest-bearing party on your loan, and you may be in for a bad awakening. Also, most judges are half asleep and accept all Assignments as genuine, not believing foreclosure defendants when they claim, EVEN WITH EVIDENCE, that the assignment is a forgery, even though it usually is. Also, people who have sold their houses or been foreclosed on are being foreclosed a second time, and some people who bought a house for cash are being foreclosed on (or so I’ve read on the internet).

We must hold the legal profession accountable for the due diligence they must perform before accepting a foreclosure case, and to ensure that the Assignment is genuinely beneficial interest. Require a MERS MIN SUMMARY and MILESTONES Report detailing all Mortgage Note transfers in mortgages that have ELECTRONIC MORTGAGE REGISTRATION SYSTEMS, or hire a specialized private investigator to investigate the securitization of the mortgage and reject the case if there is no absolutely clean result. chain of title, attaching all documentation to your foreclosure claims under penalty of forgery and fraud.

MERSCORP and its members have been cutting off all counties of their due registration rights and the correct assignments for each mortgage. The Federal Court will decide the amounts to be distributed to each county in the class action case brought by Nancy Becker. But what will happen to all the people with cloudy titles to your property? How will they know where to write to get satisfaction from a Mortgage that would NOT be a fake? If no party is recorded with the ability to service the mortgage, where does that leave the people who have faithfully paid their mortgage? With a falsified Mortgage Satisfaction, if any?

There are no guarantees when all the records are screwed. Do you have ELECTRONIC MORTGAGE RECORDING SYSTEMS on YOUR mortgage? What are your plans to clear title to your property? What is the District Attorney in YOUR area doing about this problem? Will you hold the lawyers who perpetrate these forgeries accountable in court? And the judges? They should already KNOW who the MERS, MERSCORP, or ELECTRONIC MORTGAGE REGISTRATION SYSTEMS are and how they screwed up the cadastres of the entire country. Will they continue to allow these counterfeits to go unchallenged and undiminished?

MERSCORP and its members are the ones who made the decision to cloud the titles. This has cost each county enormous amounts of money, in lost fees and social services. Let’s help our local recorder of deeds and silence the titles of every property that has ELECTRONIC MORTGAGE RECORDING SYSTEMS anywhere in the chain of titles. That way, the title to your property is cleared, even though you still owe the Note. That will solve at least part of the problem and prevent homelessness at the same time.