Harryk wrote:
....good news nonetheless...

Muskegon Foreclosures Drop 97% after Court Order

by Muskegon Critic

Staring out with the good news here...based on a recent court order by
Muskegon County judges, foreclosures in Muskegon County have dropped
from about 75 per week to about 2 per week.

Early last month (May 2011) the Michigan Appellate Court ruled that
the Mortgage Electronic Registration System (MERS) was a bunch of
asshat jerks who needed to get their butts kicked soundly and sent to
bed without their billion dollar bonuses.

Also they ruled that MERS could no longer foreclose on peoples' homes
by publishing the foreclosure in the papers. Oh no...not MERS. No
More. Now they need to actually show up in court and prove they have
the authority to foreclose on a house.

That's a problem for MERS because they generally can't. It's a problem
of their own making. Some clever scheme to buy and sell and divvy up
mortgages and bank notes to make a lot of extra money by selling air.
Wait. No. That's not quite right...by selling the concept of air.

Muskegon County Judges, however, have taken it a step further. They're
now halting ALL foreclosures from ALL entities by advertisement,
requiring everybody actually show up in court and present the bank
note. They actually want a foreclosing party to prove they have the
right to foreclose. I know, what a drag, right?
- - -

Wow...you have to prove you have the right to foreclose...what a legal
concept that is... :)






"No crap like this allowed in Harry's new group. Real boaters should give it a try."

Posted by dumb Don.