As noted in another thread on the Hooker decision, The Oregonian posted a story yesterday showing that an effort by MERS to get the legislature to alter the law to pardon, exempt and immunize MERS mortgages from their inherent problems DIED:
The Oregonian: "MERS foreclosure amendment dies in Oregon House committee" (June 1, 2011)
The Wall Street Journal reported on this theme this morning in the Developments Blog:
WSJ: "Mortgage Recording ‘Fix’ Falls Short in Oregon"
Of course, MERS is telling everyone that the Hooker decision was anomalous and contrary to the holdings of other courts regarding MERS mortgages in Oregon:
Federal Judge’s Ruling at Odds with Other Oregon Rulings Affirming MERS’ Role
It kind of makes you wonder why they needed high powered lobbiests to pass around money to the Oregon legislature to try to buy off a solution to their ongoing criminality.