MERS, the Frankenstein of the publicly held financial corporations
The LLC in question is Mortgage Electronic Registry Systems, MERS. MERS, is a front corporation that is used to hide and confuse the issue of mortgage ownership. Trying to find the MERS "cells" is an exercise in futility.
Specifically, who has agency?
MERS makes employees of servicers officers of MERS so they can sign documents if and when they are challenged. It’s a complicated scam.
Scott Anderson — Officer of Every Corp and man of many signatures.
In fact Scott Anderson showed up on so many documents for so many corporations the courts demanded to see his resume.
ORDERED that the order is modified, on the law, by deleting the provisions thereof conditioning the grant of leave to renew upon presentation by the plaintiff of an affidavit of Scott Anderson describing his employment history for the past three years, and of an affidavit from an officer of the plaintiff explaining why it purchased a nonperforming loan from Delta Funding Corporation, and why it shares office space at Suite 100, 1661 Worthington Road, West Palm Beach, Florida, with Ocwen Federal Bank FSB, Mortgage Electronic Registration Systems, Inc., Deutsche Bank, and Goldman Sachs; as so modified, the order is affirmed, without costs or disbursements.
MERS managed to bilk the local recorders out of millions and millions of dollars (funds used for schools, police, firemen) and it turns out that they are not much cheaper than legal filing.
What say you FDL? I’m thinking that when publicly held corporations create Frankenstein corporations to hide the dirty little secrets the Frankensteins must publicly held and file all that paperwork.