MERS Wins Victory in Illinois Court Over Authority to Act as Mortgagee

first_img Previous: HUD Secretary Castro to Speak at DC Luncheon on January 13 Next: DS News Webcast: Wednesday 1/7/2015 The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago An Illinois court ruled on Tuesday that mortgages naming Mortgage Electronic Registration Systems, Inc. (MERS) as the mortgagee are valid and enforceable, according to an announcement from MERSCORP Holdings, Inc.In the case of CitiMortgage, Inc. v. Schak, Judge Mitchell L. Hoffman on the Circuit Court of the 19th Judicial Circuit Court for Lake County, Illinois, rejected a borrower’s claim that a mortgage naming MERS as the mortgagee was invalid because MERS is not licensed under the Illinois Residential Mortgage License Act. Hoffman’s ruling was that MERS not being licensed under the ACT was not sufficient grounds for declaring the mortgage void and unenforceable.MERS was named as the mortgagee on the mortgage at the time it was originated. The borrowers had filed a motion to vacate the summary judgment and the order that approved the sale of the foreclosed property.The judge used as legal precedent the Seventh Circuit Court of Appeals ruling in Union County, Illinois V. MERSCORP, Inc. from January 2013 that the requirements of the Illinois Residential Mortgage Act, which was passed in 1987, do not apply to MERS because it “does not engage in the acts of brokering, funding, originating, servicing, or purchasing residential mortgage loans.””We are pleased that this Court recognizes that MERS has not done anything contrary to what is required by Illinois law and that mortgages naming MERS as the mortgagee are valid and enforceable,” MERSCORP Holdings Vice President for Corporate Communications Janis Smith said.MERS has won victories in courts in several states in the last year over borrowers facing foreclosure who challenged the company’s authority to act as mortgagee, including Massachusetts, Rhode Island, Ohio, New Hampshire, Montana, Idaho, Arkansas, and Texas. January 6, 2015 2,756 Views Illinois MERS mortgage servicing rights 2015-01-06 Brian Honea Demand Propels Home Prices Upward 2 days ago Tagged with: Illinois MERS mortgage servicing rights in Daily Dose, Featured, Foreclosure, News Home / Daily Dose / MERS Wins Victory in Illinois Court Over Authority to Act as Mortgagee Related Articles The Best Markets For Residential Property Investors 2 days ago Share Save Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Brian Honea Servicers Navigate the Post-Pandemic World 2 days ago MERS Wins Victory in Illinois Court Over Authority to Act as Mortgagee Subscribelast_img read more

Vermont Tech Employee Named Vermont’s Outstanding Older Worker

first_imgVermont Tech Employee Named Vermont’s Outstanding Older WorkerRANDOLPH CENTER, Vt – A Vermont Technical College employee has been honored as Vermont’s Outstanding Older Worker for 2008. Awarded to a single older employee in each of the 50 states, the Outstanding Older Worker program recognizes the important contributions of America’s working seniors while providing numerous positive examples of productive aging.This year’s Vermont recipient, James J. McNichol of Essex Junction, is a Learning Partner at Vermont Technical College who works with IBM, helping the company capture and transfer knowledge to a global internal audience.The Outstanding Older Worker program is part of Experience Works, a national, charitable, community-based organization that helps seniors get the training they need to find good jobs in their local communities. McNichol, who was associated with IBM for more than 35 years before joining Vermont Tech, has made significant contributions to the company in the areas of e-learning, engineering, and computer technologies.”I am both delighted and humbled to win this year’s Vermont OOW award,” McNichol said. “I have always been interested in education and I have been fortunate to be able to blend this interest in education with my industrial experience – in the midst of rapidly evolving technologies I might add – while working for Vermont Technical College.”Started in 1965, Experience Works is a leader in providing training, job placement and community service for America’s older workers. It offers programs designed to help mature individuals enter the workforce, secure more challenging positions, move into new career areas, and supplement their incomes.The Technology Extension Division (TED) at Vermont Technical College was established in 1991 to meet the education and training needs of Vermont employers. Drawing on the resources of the Vermont State Colleges and nationally recognized training vendors, TED provides educational and training programscredit, non-credit and onlinein supervision and management, health care, computer technology, and other content areas.last_img read more

‘I have a future without Manchester United,’ says Mourinho

first_img“We could speak about so many good things. It’s finished” he added.“Manchester United has a future without me and I have a future without Manchester United, so why should I now be sharing with you or even with the supporters, any of my feelings?“It’s over. That’s me and that’s the way I’ve always been and I was always very critical of managers that leave clubs and then they come out and they speak about details of what happened and who is to blame for this kind of situation — that’s not me. I just want to finish, it happened yesterday and I’d like to say it’s game over.“And I just hope that you media respect this. Until I get back to football I think I have the right to live my normal life, like I’m going to do now. I go for my little shopping, I go for my little walk and that’s what I want to do. Manchester United is the past.”Former United striker Ole Gunnar Solskjaer was announced as Mourinho’s temporary replacement on Wednesday.Share on: WhatsApp London, United Kingdom | AFP | Jose Mourinho said on Wednesday he has a “future without Manchester United”, speaking for the first time since he was sacked by the Premier League club.The Old Trafford hierarchy sacked Mourinho in the aftermath of Sunday’s 3-1 defeat at Anfield that left the 20-times champions an embarrassing 19 points behind league leaders Liverpool after just 17 matches.But the former Chelsea, Real Madrid and Inter Milan boss refused to go into details about his departure.“I don’t change. And what I did when I left Chelsea, for example, is the same as that I’m going to do now,” Mourinho told Sky Sports News.“I keep the good things and I don’t speak about anything that happened in the club.last_img read more

Defense Requests to Delay Parkland Shooting Trial, Judge Refuses

first_imgThe defense team for confessed Parkland school shooter Nikolas Cruz insisted to the judge on Wednesday that they are not ready to go to trial in January, and said it is possible they might not participate in the proceedings.Broward Circuit Judge Elizabeth Scherer responded that the trial has been a priority for all of the parties involved, and said she would maintain the current trial date.Cruz was not at the hearing, as his attorneys waived his presence. He faces 17 counts of first-degree murder and 17 counts of attempted first-degree murder for the February 2018 massacre at Marjory Stoneman Douglas High School in Parkland.Defense attorney David Frankel told Scherer, “I don’t think there’s any way that we’re going to be ready for trial on January 27, or anytime near that.”Assistant Public Defender Melisa McNeill, who is also representing Cruz, explained that the defense team still has a few hundred witnesses to potentially interview. She added that her team is waiting for the Florida Supreme Court to address their appeal of one of the judge’s rulings. That issue could determine whether the defense chooses to pursue an insanity defense.Frankel says the defense may not participate in a trial, which could lead to appeal issues, if they lack sufficient time to prepare.McNeill plans to file a motion soon to move the trial date.Judge Scherer responded that the case had received special priority by everyone, including the Public Defender’s office. She continued, “Not every case has that many lawyers. You all need to do your best. Whatever you have to do, you need to get it ready.”Frankel explained after the hearing, “Believe me that we’re sensitive to the people in the community and we’re working towards just trying to get ready and get it done. What we really want to do is avoid not doing it right the first time, and forcing the community to have to go through it again a second time.”One of the factors that is expanding preparation time is the likelihood that the trial will have a second death penalty phase.The defense told Scherer again on Wednesday that their client is willing to plead guilty in exchange for receiving a life sentence.However, prosecutors remain committed to pursuing the death penalty.“This could be over tomorrow,” Frankel says. “It’s just a question of the death penalty.”Judge Scherer ordered the defense to develop a list of its potential witnesses. She set another status hearing for November 18.last_img read more

Mother Accused in Newborn Dumpster Case Wants Confession Thrown Out

first_imgThe woman accused of throwing her newborn child into a dumpster in West Boca Raton earlier this year is asking to have her confession thrown out.Rafaelle Sousa was arrested in May, when her newborn baby girl was found inside a dumpster, according to the Palm Beach County Sheriff’s Office. She admitted to to delivering the infant, placing her in a bag, and then throwing her in the dumpster.The 35-year-old Sousa also told authorities she went back twice in order to ensure the baby was dead, but did not approach the bag because there were people in the area. The girl was returned to her father’s custody in July.Court documents show Sousa’s lawyers filed a motion to suppress her statements last Monday, claiming that her Miranda rights were not read to her properly because of a language barrier.Sousa’s lawyers explain she is from Brazil and only communicates in Portuguese. They claim that detectives “failed to give a core warning under Miranda” to Sousa, and that she was not informed what she said could be used against her in court.She has a hearing scheduled for December 19 at 3 p.m.last_img read more

Alexa assists authorities in the takedown of a burglar

first_imgAuthorities in Ormond Beach Florida are crediting an Amazon Alexa device with helping them arrest a thief who broke into an assisted living facility and attempted to rob one of the residents.The incident was reported at the Brookdale Assisted Living Facility on December 22nd.Officials say 47-year-old Russell Bannister entered an elderly resident’s room while they were away, and stole cash and credit cards from the room. While Bannister was in the room, however, the resident’s Alexa device notified a relative that someone other than the resident had entered the room. The relative immediately went to the room to see what was going on and found Bannister going through their loved- ones things.When Bannister noticed the other person, he fled the scene on foot but was apprehended by police a short while after the relative contacted the police.During questioning, Bannister told the officer that his name was James Gowgiallo and that he was at the assisted living facility because he was trying to visit his aunt. Bannister told the officer that a staff member informed him that his aunt was not at the facility and as he was speaking with that staff member, he was forced to flee the scene because another person began threatening him and then attacked him.Bannister told the officer that despite being attacked,  he did not want to press charges against that person and that he just really wanted to go home.After speaking more with Bannister, the officer determined that Bannister was lying about the incident. He is now facing multiple charges including an organized scheme to defraud, burglary of an occupied dwelling, burglary with assault or battery, and fleeing the scene.This is not Bannister’s first arrest for attempting to defraud an elderly person. Authorities say Bannister is known in the area for defrauding elderly people by offering to do handy work in exchange for cash but takes the payment without doing the work.last_img read more

NWS: Wind Chill Advisory Possible for Interior Parts of South FL, 40s at the Coast

first_imgThe front will bring with it just a 20 percent chance of showers on Monday, and partly sunny to sunny skies through Tuesday. A chance of showers will return on Wednesday.The normal daytime high for this time of year in our region is 75 degrees, with an overnight low of 57.Northwest winds coming behind Monday’s front will increase winds on Tuesday, with gusts as high as 22 mph along the coast, in addition to hazardous ocean conditions and a high risk of rip currents at Palm Beach County beaches.Temperatures will begin to warm up again on Wednesday, with winds shifting from the east and a high near 70. Time to break out the jackets, sweaters, and extra blankets….for a few days, at least.A powerful cold front coming across South Florida through Monday will cause temperatures to plummet overnight into the 40s along the coast and into the 30s inland, where a wind chill advisory is possible.The front is forecast to put daytime highs on Tuesday at around 65 degrees in West Palm Beach.By Wednesday morning, we’ll wake up to temperatures in the upper 40s at the coast and the mid-40s in the western communities.Areas north and west of Lake Okeechobee could also feel temperatures in the upper 30s, and meteorologists with the National Weather Service say a wind chill advisory could be necessary.“While frost is not expected to be a concern since winds should stay around 10 mph or more overnight, a wind chill advisory will be possible for some of the interior portions of the area,” Miami meteorologists said in their Monday forecast.A wind chill advisory is issued whenever the feels-like temperature is 35 degrees or less and winds are above 5 mph for three hours or more.last_img read more

Visiting Tibetan Monks Help Release Sea Turtle in Florida Keys

first_imgISLAMORADA, Florida Keys — A group of Tibetan monks visiting the Florida Keys from the Drepung Gomang Monastery in southern India helped release a threatened sea turtle into the waters off Islamorada Thursday.Hundreds of spectators gathered to cheer the release of “Drifter,” a 170-pound female adult loggerhead sea turtle that was rescued and rehabilitated at the Florida Keys-based Turtle Hospital.The reptile was found floating offshore of the Lower Keys in November 2019, unable to dive. “Drifter” was treated at the Turtle Hospital with broad-spectrum antibiotics, anti-parasitic medications, vitamins and a nourishing diet of fish, squid and greens.The release followed a ceremony performed by the monks, each an ordained student of His Holiness the Dalai Lama, whose ritual chants aspire that the turtle and otheranimals enjoy long lives. Minyak Rinpoche, the group’s leader, said that the key to ultimate happiness is compassion for all living things and loving kindness. “We did a liberation prayer for the sea turtle, and also at the same time we pray for all the animals, all the species, we pray are free from the suffering and they can have a good time in their life,” he said.This week marks the end of the Tibetan monks’ Sacred Arts Tour 2020 in the Keys, an annual pilgrimage designed to share their ancient cultural teachings, artistic expressions and unique vocal chants with sacred instruments. The Turtle Hospital is the world’s first veterinary hospital dedicated to the rehabilitation of endangered sea turtles. The facility has been rescuing, rehabilitating and returning turtles to the wild for more than 30 years.last_img read more

Body of Slain FHP Trooper Transported to Sarasota

first_imgThe body of FHP Trooper Joseph Bullock shot to death in Martin County was transported to Florida’s Gulf Coast Friday morning.A procession to escort the body of the slain 19-year veteran went through St. Lucie County on Friday morning, en route to Sarasota where his family lives. The procession began at 8:30 a.m. from the Medical Examiner’s Office on the campus of Indian River State College.Investigators said Bullock stopped to help the driver of a broken-down car. The driver, identified as 30-year-old Franklin Reed of Palm Bay, shot Bullock to death. An off-duty Riviera Beach Police Officer, Jemel Headings, saw the events unfold and shot and killed Reed.last_img