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Re: BK court in CA found that lender that used MERS doesn't have the right to foreclose

Posted by Monrovia Dave on July 15, 2010 at 10:10 PM

In Reply to: Re: BK court in CA found that lender that used MERS doesn't have the right to foreclose posted by henry on July 15, 2010 at 8:46 AM

: : http://foreclosuredefensenationwide.com/?p=264
: : "This opinion thus serves as a legal basis to challenge any
: : foreclosure in California based on a MERS assignment; to seek to
: : void any MERS assignment of the Deed of Trust or the note to a
: : third party for purposes of foreclosure; and should be sufficient
: : for a borrower to not only obtain a TRO against a Trustee’s Sale"

: : Anyone know what a TRO is?
: Temperary restraining Order

Ward could you expand on the ramifications of this decision please?
Thank You


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