http://www.cnbc.com/id/39634568 Wow, apparently the MERS electronic method of recording mortgage assignments was used to package the loans and then sell them, the problem being Homes being real property with Titles require a ink and paper and notarization before a Title is assigned to someone else. And that simply was not done, and to compound matters the "Trusts" that received payments were not legally entitled to collect them, opening the door for a defaulted homeowner lawsuit seeking the return of their past payments. Have any of these Banksters ever taken a basic law, or real estate law class? Read a book on the subject perhaps?
