Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
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I received a mortgage from DHI who told me at closing, they were going to sell my note soon after closing in 2009 to another bank. They never told me who. However I assumed to be Wells Fargo since my insurance document listed WF as the loan, and I was billed from Wells Fargo. MERS is listed as the mortgagee.

My foreclosure document states that the note and mortgage was assigned to wells fargo in June of 2011. According to the register of deeds, MERS as nominee for DHI gives up its rights, title, and benifical interest under the mortgage to Wells Fargo.

Wells Fargo then on July 1, 2011 began the foreclosure proceedings.

Is this something I should look into or not? I thought you could not assign a note and a mortgage, but things are now so confusing with the MERS nonsense. Also, who owned my note from 2009-June 2011? According to what I am reading, DHI still owned my note during that time.
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Ellen

There is some good information about MERS in this message thread:

 

MERS officers

http://ssgoldstar.websitetoolbox.com/post/MERS-officers-5001003

 

Also this thread:

 

Facts About MERS / MERS Unmasked

http://ssgoldstar.websitetoolbox.com/post/Facts-About-MERS-MERS-Unmasked-2063120

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