RICKIE WALKER CASE, see attached below Therefore, MERS definition of "Holding the Note" is not the legal equivalent of "Owning the Note"; California Civil Code section 2924 for foreclosure only applies if MERS owned the note. The Second Fatal Flaw – MERS tracking system is not a legal chain of title and the debt may be uncollectible.
ClwtrBkAtty-Carol A. Lawson, Esq.: MERS- Walker Case CA – The united states bankruptcy Court for the Eastern District of California has issued a ruling dated May 20, 2010 in the matter of In Re: Walker, Case No. 10-21656-E-11 which found that MERS could not, as a matter of law, have transferred the note to Citibank from the original lender.
SEOUL (Reuters) – A South Korean man who became China’s only case of Middle East Respiratory Syndrome (MERS) has fully recovered and is being released from a Chinese hospital on Friday, the South.
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Health officials in Spain have detected the country’s first case of MERS in a woman who recently returned from Saudi Arabia after attending last month’s Hajj pilgrimage. The Spanish Ministry of Health.
California Precedent: The latest of these court decisions came down in California on May 20, 2010, in a bankruptcy case called In re Walker, Case no. 10-21656-E – 11. The court held that MERS could not foreclose because it was a mere nominee; and that as a result, plaintiff Citibank could not collect on its claim.
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EMC Mortgage Corporation, as well as other cases pending, such as No.. That case was appealed by MERS on interlocutory appeal to the federal Court of Appeals for the Third circuit.. 1265 (2013); In re Walker, An audit in California, a non-judicial foreclosure state, found that the beneficiary on the.
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