fighting the good fight

Hi & Thank You for all that you are doing,

We sent a letter to the Trustee company (Quality Loan Service) alerting them that they did not comply with Oregon statutes because they did not properly record the Trustee’s Notice of Sale in BOTH of the counties that the property is located in. The foreclosure auction scheduled for Tuesday 01/20/2009 was subsequently “Cancelled” by the Trustee company.

We know that we can expect them to re-file a new Trustee’s Notice of Sale. All the foreclosure paperwork dating back to 2004 (‘yes … we have been fighting the good fight’) and the original loan documents that were signed at closing state “Mortgage Electronic Registration Systems Inc., as NOMINEE for Lime Financial”. My questions are:
1. If Lime Financial is out of business and no longer exists (according to their representatives via phone) who will MERS act as Nominee for?
2. We know that Lime Financial sold/securitized the loan to “US Bank N,A. as Trustee for the Registered Holders of Home Equity Asset Trust 2005-1”. Are they now the benficiary?
3. What actions (from A-Z) should we be taking NOW if our all consuming goal is to obtain “quiet title” and be mortgage free?

Any and all help that you can provide is sincerely appreciated.

Greg Lisa

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Author: timothymccandless

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