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Wednesday, September 21, 2011

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matt

I hope counties start doing this in droves. This is the proper procedure posture to attack MERS. Consumers trying to do so almost never win because of the severe anti-consumer bias in so many courts across the country. If the entire purpose of the recording statute, as it relates to trust deeds, is to provide a lock step method for a borrower to know who their current loan holder is, then MERS obliterates that purpose. So often, loan servicers refuse to disclose who the actual loan holder is as say that information is "confidential" and that the borrower has no right to know. This type of proposition is so ridiculous, that only a pro-creditor judiciary could ever fall for it.

Matt Wadsworth, Arnold & Wadsworth, arnoldwadsworth.com

Dean Farris

If you can record with a cabal of bankers, how about with Dick & Jane's lemonade stand or Wild Willie's porno shop? Given what we now know about MERS, Wild Willie is a safer bet.
Lots of folks will want to record with Dallas County, simply because they filed suit.

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