Monday, October 25, 2010

Georgia Class Action Suit For ALL Homeowners Who Have Been Foreclosed ON by MERS!

Another Class Action Suit has NOW been filed for All Homeowners who have been foreclosed on in the State of Georgia against MERS!

How Awesome is this!! A class action for ALL homeowners who had been foreclosed on in the past by MERS banks!

The paperwork filed is at the link! This should get the banks buzzing!

Now there is two Class Actions happening in the states for previous foreclosures - New York and Georgia!

Lets hope we see more states with this type Headline!

The Plaintiff shows herein that MERS’ foreclosure on Plaintiff’s property was not valid and was wrongful, as are those foreclosures by MERS on the property in the State of Georgia of all similarly situated persons to the Plaintiff wherein MERS sent the notice of foreclosure to the debtor and wherein MERS purports to have exercised the power of sale and auctioned the property. MERS does not have the authorized power to send a valid notice of foreclosure within the State of Georgia for those deeds where it is “solely a nominee” and does not have the authority or power under Georgia law to foreclose on a property or engage in an auction of sale on such property where is is “solely a nominee” on such deeds.

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