California Quiet Title

California Quiet Title ³If we wish to be free, if we mean to preserve inviolate those inestimable privileges for which we have been so long contending, if we mean not basely to abandon the noble struggle in which we have been so long engaged, and which we have pledged ourselves never to abandon until the glorious object of our contest shall b e obtained«we must fight!´ ± Patrick Henry California Quiet Title (For MERS Loans) Quiet title actions in California have a couple of hurdles not found in other jurisdict ions. First lets discuss what exactly a quiet title action is. A quiet title action is an action to remove parasites from the land record who do not have any legal capacity to dwell on title in the record. The advent of MERS and its use by the lenders to obfuscate who owns promissory notes and evade recording taxes provides a unique opportunity for a homeowner to use the fact that ownership is obfuscated to their own interest. We found Walter Keane, a smart attorney in Utah doing just that. Utah is a non judicial deed of trust state like California, Virginia, New Mexico & A rizona and several others. Here¶s how the attack works and why. On your deed of trust are several named parties which are immediately changed upon the securitization of your note but these changes are not made public in the land record. Our program takes advantage of this mistake on the part of the geniuses behind MERS. There is of course the trustee to the deed of trust. This party is typically a title company or perhaps a small law firm who performed the closi ng of your real estate trans action. Then, of course there is the lender who is typically the originator of your mortgage. Lets presume this party is Countrywide for this theoretical discuss ion. Then there is MERS w ho is typically named on the deed as ³nominee for the beneficiary´ and at times as the actual beneficiary. Then there is you, one of the trustors or grantors of the deed into the trust. OK, stay with me. As soon as your mort gage is underwri tten, your underwriter in cooperation with MERS places a MIN number on your deed of trust. Promptly, yo ur promissory note, which was probably endorsed ³in blank´, passes through a depositor to a trustee and finally into a REMIC wher e pass through certificates are sold to investors. OK heres the problem« Who does the original trustee have a relationship w ith? The true note holder has now changed and the named lender on your deed is now obsolete. Making the trustee on your deed of trust now obsolete. Well then why are t hey still in the land recor d? Why do you as a homeowner have to s uffer having a party of no interest whatsoever in your real estate or in your promissory note effecting your title? So, get ri d of them! Fi le a suit against these parties demanding that they remove themselves from the land record. The little title company purporting to be your trustee will probably not even answer the complaint. And VOILA!! Laughing diabolically«guess what happens now?

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California Quiet Title