TUESDAY, OCTOBER 23, 2012
What Nancy Becker did was to bring a suit to require assignments and the transfer fee (about $45 each one) to be recorded. The whole suit is due to the county losing money due to MERS fraud of not recording the assignments of loans.
How did she get the idea to bring a carte blanc class action Quiet Title suit for all homeowners of the county?
She got it from the defendants brief in another suit when she tried to get assignment fees for previous and current loans. That suit did not go through but from the defendants own defense they had in the brief that only through a “Quiet Title suit” are they required to show assignments. (page 24 of the scrib document below).
So from that and putting in the defendants own words, she has now brought a “Quiet Title” suit for all the homeowners in the county.
She has all the information in the fact she has a right to bring a Quiet Title suit in the filing.
It is a GREAT read and an easy one to understand.
Ya Gotta LOVE IT!
I have come to the conclusion I did after reading the whole suit and my understanding of the suit. I encourage everyone to read it and confirm that it is a suit for all homeowners of MERS mortgages and that she had gotten the “idea” to do this from the defendants own filings in another suit. So she will now force MERS to show who is assigned the mortgages and thus cause them to start paying the transfer fees to the county for the loans.
I personally feel it is a brilliant move on the part of Nancy Becker. It would be nice if every recorder of deeds in all counties across the United States did the same as her.
Also would it hurt for everyone to send this to their register of deeds person in their county?