Forclosure information

I do not understand this note thing. My deed of trust states: borrower understands and agrees that MERS holds only legal title to the inerests granted by borroer in this security instrument, MERS has the right to foreclose. But Deutsche Bank is trying to foreclose on me. Is this accurate? I have been very lucky to this point as we have had 2 hearings scheduled and their attorney has continued them both due to lack of proper paperwork. I’m thinking I will not be so lucky next hearing date. Could you please let me know if Deutsche Bank can legally foreclose on my home or if it must be MERS. Thank you so much for any help.

Dawn
I am in NC

Your lawyer would have already had the case dismissed if Deutsche did not have a legitimate lien on the property.

If you have their money and are refusing to part with it, yes, they will foreclose.

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Many who lost their homes due to no fault of theirs are still in the limbo and need help. who will come to their rescue ans the same banks are dishing out outrageous bonuses with the tacpayers money called the BAILOUT HELP.

The bail out money was repaid a long time ago. It was there to resolve an immediate problem. It is history now.

I have never heard of anyone being foreclosed on by no fault of their own. The only ones I have ever even herd of are when borrowers of money refuse to repay that money.

They already have the banks money. They have NOTHING to be rescued from. How can you rescue them from their own greed? Put them all in jail?

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