GoFightForeclosure.com Reveals Secrets For Challenging Foreclosure Mortgage Notes
Leading foreclosure self-help system says that homeowners facing foreclosures should challenge their mortgage note transfers.
- (1888PressRelease) July 13, 2011 - Atlanta, Georgia - GoFightForeclosure.com a top selling foreclosure defense system that shows homeowners how-to challenge mortgage foreclosures without an attorney. Today announced to reveal the key ingredient secrets to challenging foreclosure mortgage notes. Citing that when banks transfer mortgage notes they always most often also make mistakes with the transfers.
Kyle Ransom was once a seasoned mortgage broker who catered to real estate investors for his thriving mortgage business. Ransom became extremely savvy at stopping foreclosures fast using Uniform Commercial Code and his experience with the mortgage industry. When the foreclosure crisis first hit he used the same strategies to stop foreclosure on his own personal home for well over three years. Even at one time scoring a win of having a temporary restraining Order granted represented as a Prose without making payments into the courts.
According to Ransom the mortgage assignment transfer on his own home was not transferred properly. A theory that he uses in his Go Fight Foreclosure System and termed Improper Mortgage Securitization. Ransom says when mortgage securitization is improper this challenges that the lender is a Holder In Due Course to have authority to foreclose on the homeowner. Revealing to foreclose the mortgage lender must have enforceable security interest and without being a Holder In Due Course they do not.
Continuing Ransom says that MERS Mortgage Electronic Registration Systems, Inc transferred his mortgage note and deed together. However, Ransom says that in his system he teaches homeowners how to use Uniform Commercial Code to challenge what authority is granted to MERS to take this action. Which he says is also the reason why big banks are willing to pay as much as $20 Billion each to resolve foreclosure probes.
"MERS is only a nominee and they never loaned any money to homeowners which is why assignment transfers carried out in their name is a major problem in the chain of title. Further, on thousands of past foreclosures MERS was even listed as the lender foreclosing in the legal paper," stated Kyle Ransom.
Ransom says today hardly ever will you find the name MERS on any assignment transfer as the party actually transferring the mortgage note and deed together. However, he says mortgage servicers are the ones doing the same job that MERS once did. In this twist Ransom says this is still improper mortgage securitization as well because the question of authority for a mortgage servicer to transfer the mortgage note and deed together is the same valid foreclosure defense that was used against MERS. He says that homeowners must start educating themselves and learn how to challenge foreclosures.
To listen to a customer review of the Go Fight Foreclosure System please go here:
http://gofightforeclosure.com/wp-content/uploads/2011/05/RW-Test2.mp3
Homeowners fighting foreclosures can receive a special promotional offer to purchase the Go Fight Foreclosure System for a limited time. To learn more please visit http://GoFightForeclosure.com .
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