Now, the Kansas Court of Appeals has called foul. In Landmark National Bank v. Kesler, 2009 Kan. LEXIS 834, the Kansas Court held that a nominee company called MERS has no right or standing to bring an action for foreclosure. Other than GlobalResearch.ca, I have yet to see any MSM coverage of the issue. The Court stated that MERS’ relationship is not that of a true party possessing all the rights given a buyer. Hence, the court ruled:
via Mortgage Electronic Registration Systems Loses Legal Shield | The Big Picture.
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