Foreclosures: Landmark v Kesler CEPersVid-35

Discusses the implications of a landmark decision — Landmark National Bank v. Kesler – on 8/28/09 by the Supreme Court of Kansas holding that Mortgage Electronic Registration Systems, Inc. (otherwise known as “MERS”) has no standing to commence a foreclosure action as to a home mortgage registered with it, and that when MERS transfers title to the mortgage the assignee may not get good title to the mortgage, which means that the assignee also may not have standing to foreclose. This is …

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Tagged as: action, Bank, CEPersVid-35, Court, Electronic, foreclosure, judicial, Kansas, Kesler, Landmark, MERS), mortgage, National, non-judicial, registered, Registration, standing, Supreme, Systems, title, transfers, v., wrongful

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{ 4 comments }

1 phlbarnard September 28, 2009 at 10:05 pm: Great info, thx
2 texme September 30, 2009 at 5:03 am: thanks Carl, im spreading the word…. tex
3 etmesi October 11, 2009 at 7:43 pm: Attorneys in Nevada Vegas and Reno are following this case. Plus the judges are granting granting injunctions stopping foreclosures because of this case.
4 hiphopsocnroc October 21, 2009 at 1:14 am: Yes this is very telling, we already know that the banks don’t have a standing to sue/foreclose. They never have the original note or the mortgage, nor do they ever securitize the note how they should by SEC procedures. Peace and thanks for the case.

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Foreclosures: Landmark v Kesler CEPersVid-35

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