Foreclosure Hamlet

Supporting, Informing & Connecting People in Foreclosure

AG Jack Conway Calls MERS a Ghost and a Front – Files a Lawsuit Against MERSCORP Holdings, Inc.

Posted by DEADLYCLEAR on January 26, 2013

Weep no more my lady
Oh! weep no more today!

Bravo – Kentucky Attorney General Jack Conway!

Attorney General Jack Conway announced that his office filed a lawsuit on January 23, 2013 in Franklin Circuit Court against MERSCORP Holdings, Inc., and its wholly owned subsidiary Mortgage Electronic Registration Systems, Inc. (MERS) for violations of Kentucky law. The lawsuit is a result of Attorney General Conway’s investigation of mortgage foreclosure issues in Kentucky.

The lawsuit alleges that MERS violated Kentucky law by not 

Continue reading on DeadlyClear→

Comment

You need to be a member of Foreclosure Hamlet to add comments!

Join Foreclosure Hamlet

Comment by holly on January 28, 2013 at 8:37pm

this is comment from a reader on the  Deadly Clear and I was wondering if there is a link to these senators or congresspeople who we can place complaints or have general people informed and signed up for investigation and imposing penalties or whatever that needs to be done .......

 

"I have recently contacted Senator Patrick Leahy’s office regarding the acquisition by JP Morgan Chase and Co. (JPMC) of the assets of Washington Mutual Bank on September 25, 2008. The assets were worth $308Billion. The Federal Depositi Insurance Corp. was the receiver of WaMu’s assets, and was the seller of those assets to JPMC. JPMC paid $1.88Billion for the assets, a cash amount equal to about 6/10ths of 1 cent on each dollar of value. In other words, JPMC bought the assets for next to nothing. What the Federal government did, when it gave WaMu’s assets to JPMC, was to cause every WaMu customer to be required to do business with JPMC, whether those customers wanted to do business with JPMC or not. This is, of course, a violation of the First Amendment right of freedom of association. There are also property right violations by the government involved as well. Not to mention, there is a good reason to suspect an improper relationship between a governmentment agency regulating banks, and one of the banks it regulates.

My contact with Senator Leahy’s office was for the purpose of persuading the Senator, who is chair of the Senate Judiciary Committee, to take up an investigation of this transaction and it impacts on the country and WaMu’s numerous customers. Senator Leahy’s office advised that the more members of the public who write to the Senator requesting this investigation, the higher the likelihood it will be investigated. Therefore, I am asking any and all who are concerned about the Federal government giving away private property and violating constitutional rights in order to benefit a too big to fail bank – a private corporation – to the detriment of hundreds of thousands, if not millions, of real people, to write to Senator Patrick Leahy and request that he and his committee investigate this giveaway of peoples homes, lives, and money to an avaricious corporation. The Senator’s contact information is athttps://www.leahy.senate.gov/contact/ and provides both email, telephone, and letter writing information.

Please write to Senator Leahy. Thank you."

 

Videos

  • Add Videos
  • View All

Hamlet Stats





Visits
since 12/21/2009

Music

Loading…

© 2013   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service