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. The judge opined:
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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, Bayrock Mortgage Corp.
Ripoff Report on: Mortgage Electronic Registration Systems, Inc. – Mortgage electronic registration systems inc mers list of fatal flaws in california internet. RICKIE WALKER, CASE NO. 10-21656-E-11, MERS registration in California is not retroactive until its complete for the following.
MERS decision Question Rickie Walker Decision, Case #: 10-21656-E-11 – Trustee Questions I want to make sure I am interpreting something right. My first mortgage is with "Bank of Evil". The "Trustee".
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