UPDATE: August 14, 2014
MERS’ members and servicers, are now agressively evicting people, stealing homes nationwide in violation of the U.S. Constitution. The new Delaware laws do not require the public to receive NOTICE of any ratification of MERS’ bad acts related to the appointment of officers with signatory authority, part and parcel to the new illegal, unconstitutional laws in Delaware explained below, but, the recent change in eviction actions in the field indicate illegal ratification is in effect, as the transfer of wealth is now in full swing.
The new laws explained below created panic in judges, lawyers, banks, mortgage companies, and government officials because of the not too long ago sworn testimony by a MERS executive [Lovern has it], whereby he admits there was no legal authority for the appointment of the 50-75,000 Robo-signers around the country that forged MERS Negotiable instruments, then recorded them, in violation of state & federal laws, and the UCC. These recorded fraudulent documents have been used to commit mortgage fraud, title fraud & foreclosure fraud nationwide; hence, the need for the MAGIC WAND, HB 127.
July 24, 2014
Prescott Lovern, Sr. (Lovern) refuses to have his U.S. Constitutional rights stripped by the Delaware (DE) Legislature. He’s been preparing for a year to stop this outrageous attempt by Delaware to violate the constitutional rights of U.S. Citizens. In June 2013 the Delaware Legislature passed House Bill 127 by a vote of 62-0, signed into law by Governor Markell in late June 2103, effective April 1, 2014. This new law, Section 204 (amended) – Delaware Corporate Law, invalidated [made moot] existing, binding, Delaware laws that prohibited a DE corporation from ratifying prior bad corporate acts associated with fraud. This law was specifically written for two Delaware Corporation[s], Mortgage Electronic Registration Systems, Inc. (MERS), who along with their parent company, MERSCORP Holdings, Inc., are the Kingpins in the federal, association-in-fact, racketeering enterprise that almost bankrupted the USA. [securitization, real estate asset backed securities, mortgage fraud, title fraud & foreclosure fraud].
Now any DE corporation, including MERS, can secretly, and with no notification to the DE Division of Corporations, or the public, ratify prior bad acts connected to fraud making their prior bad acts disappear. (i.e. negotiable instruments signed by MERS non employees posing as a MERS’ Officers when they had no authority to sign [admitted to in sworn testimony by the MERS executive who orchestrated the illegal scheme], then the document is recorded in local courthouses around the country resulting in clouded real estate titles [UCC Art. III, fraudulent signature], which can result in illegal foreclosures). If that is not bad enough, if a victim of a bad act by a DE corporation does not contest the Sec. 204 / 205(f) ratification by the DE corporation within 120 days of implementation, that victim is out of luck [claim[s] becomes moot]. That is quite a problem when the public has no idea any type of ratification has taken place, and, you cannot get this information from the DE Division of Corporations, unless the ratification requires a certificate of validation, which in MERS case… does not, because MERS only has to notify their members / partners in crime, which means they are the only parties who can challenge a ratification done under the amended sec. 204. I know for a fact that no MERS Member is going to challenege the MAGIC WAND; however, Lovern will challenge the law itself, and, use Hafer v. Melo, 502 US 21, to sue state officials all over the United States who participated in the MERS Conspiracy.
The constitutionality of House Bill 127 (HB 127) is very much in question as it cancels constitutional, federal, and state rights’ belonging to U.S. Citizens, not just in Delaware, but every other state and the District of Columbia. The theory behind HB 127 is that only DE Corporate laws govern the actions of DE Corporations as to internal procedures, such as appointing officers with signatory authority. When Sec. 204 ratification is implemented in certain situations it triggers, but not limited to, Title 18 U.S. Code, Sec. 242 [federal felony].
Lovern, in his capacity as an investor, is a victim of MERS fraudulent scheme and will not let this stand, or, let MERS et al get away with it. HB 127 was not written by the DE Legislature, it was written by special interests law firms and their lawyers [Delaware State Bar Corporation Committee [includes Richard J. “Rick” Geisenberger who is Delaware's Chief Deputy Secretary of State], including one law firm that represents MERS. Lovern warned the DE Governor, Attorney General and Sec. of State about this before the draft legislation even made it to Committee; however, everyone looked the other way as it sailed through to the Governor for signature.
“This is the greatest abuse of power I have ever seen,” says Lovern. One DE Legislator Lovern talked to who voted for the bill didn’t even know what the Bill is about, or, how the law was changed.
Stay tuned as the mortgage fraud, title fraud, foreclosure fraud scandal that almost bankrupted this country is about to have the curtain pulled back on it once and for all, inclusive of undeniable evidence of the federal government’s participation, along with all the state Attorney Generals, banking and mortgage regulators, and, major banks, mortgage companies, mortgage servicers, lawyers and law firms.
The next press release this week will name co-conspirators so victims can start taking legal action. There is no statute of limitations on fraud on the court. With HB 127 out of the way, all victims can take legal action going back to 1999.