Category Archives: General Information

Stacy Summary: Here is an interesting letter sent to Catherine Austin Fitts by an attorney in Ohio specializing in foreclosure defense.

• A Comment on Foreclosure Fraud

There’s MERS (Mortgage Electronic Registration System), which is a private lender-created mortgage registration system created by banks that wanted to bypass local recording offices for the mortgages they put in mortgage backed securities trusts. MERS is a fraud on the recording offices in every county in the country, depriving local governments of millions and millions of dollars of recording fees and preventing the public and courts from being able to determine who owns mortgages on properties all over the nation. That is a fraud on the whole real estate ownership system across the country and makes title searches almost impossible in some cases.