He seems to be unwilling to admit that the reason these properties are in foreclosure is that people stopped paying their mortgages. Despite the supposed or real fraud, a mortgagor does not lose his right of redemption before it reaches the sheriff sale or auction. Mers was created to counteract the rash of missed assignments and satisfactions from individual lenders and is hardly the evil system that this man characterizes it to be. Is this guy in the OWS? Foreclosure is in and of itself evil? One can keep his home without having to pay for it, like the rest of us suckers? Unbelievable.
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