• Archives

  • Blog Stats

    • 668,201 hits
  • Categories

MERS 2.0: CSP Another MERS for Securitization of Debt

Great blog post from Neil Garfield on what he calls MERS 2.0 also known as the Common Securitization Platform.

Livinglies's Weblog

For More information please call 954-495-9867 or 520-405-1688

This article is not a substitute for a legal opinion on your case obtained from an attorney licensed in the jurisdiction in which your property or transaction is located. Get a lawyer.

=====================================

see GMAC Exec Appointed CEO of CSS

see Common Securitization Platform

see Common Securitization Platform — Freddie First

We all know that Mortgage Electronic Registration Systems (MERS) has been pretty thoroughly discredited although there are still many judges whose attitude is “so what”, and the foreclosure goes forward anyway. MERS does not meet the statutory requirements to be a beneficiary under a deed of trust nor a mortgagee under a mortgage deed. It is a naked nominee, wearing none of the clothes required to be a lender, holder of the note or owner of the mortgage. And it even says so on its website, disclaiming any interest in any…

View original post 579 more words

Advertisements

What is your opinion?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: