MERS- Walker Case CA

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July 9, 2010. 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.

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Gibson has 61 career TD passes, two short of Nick Walker’s school record. And that was the case when Hayden was.

The latest case is not an American — he is a resident of Saudi Arabia, visiting Florida, who is now in an Orlando hospital. He was diagnosed with MERS, or Middle East Respiratory Syndrome, Sunday.

("MERS") is In mortgage foreclosure cases, the plaintiff has standing as the holder of the note and the mortgage. When MERS forecloses, MERS is the mortgagee and it is the holder of the note because a MERS officer will be in possession of the original note endorsed in blank, which makes MERS a holder of the bearer paper.

In a recent contrasting case in Califor-nia, In re Walker, Case No. 10-21656-E-11 (Bankr. E.D. CA), an issue was raised in the context of an Objection to Claim, regarding MERS role. Here the pre-siding Judge Sargis initially found that "Since no evidence of MERS ownership of the underlying note has been of-fered, and other courts have con-

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Dr. Christian Drosten says based on what his laboratory has seen so far, this month’s surge in MERS cases cannot be explained by mutations in the virus. Drosten’s lab at the University of Bonn has.

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California Precedent: 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.

ClwtrBkAtty-Carol A. Lawson, esq.: mers- walker Case CA – 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.