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AppellantsBriefinMERSvNebraskaDeptofBankingFiled15Oct2004

AppellantsBriefinMERSvNebraskaDeptofBankingFiled15Oct2004

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Published by winstons2311
MERS confession
MERS confession

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Published by: winstons2311 on Aug 30, 2011
Copyright:Attribution Non-commercial

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10/16/2013

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Source:www.msfraud.org/Law/lounge/AppellantsBriefinMERSvNebraskaDeptofBankingFiled150ct2004.pdf
A-04-000786INTHENEBRASKACOURTOFAPPEALSMORTGAGEELECTRONICREGISTRATIONSSPlaintiff/Appellantvs.NEBRASKADEPARTMENTOFBANKINGATHEDISTRICTCOURTOF.RCOUNTY,NEBRASKAPreparedandsubmittedby:
FILED
OCT
15
2004
NEBRASKA~LEP.K
COUfilcYrA~~ERURT
JamesM.Pfeffer,#19177JosephT.Breckenridge,#21918AbrahamsKaslow
&
CassmanLLP8712WestDodgeRoad,Suite300Omaha,Nebraska68114Telephone(402)392-1250AttorneysforPlaintif£'Appellant
JTB/30315
1.5
 
TABLEOFCONTENTS
Page(s)TABLEOFCASESANDSTATUTES
111
STATEMENTOFTHEBASISOFJURISDICTION1STATEMENTOFTHECASE1
A.
NatureoftheCase.
1
B.
IssueActuallyTriedintheCourtBelow.
C.
HowtheIssueWasDecidedandWhatJudgmentWasEnteredbytheCourtBelow.2
D.
ScopeofReview.2ASSIGNMENTSOFERROR2PROPOSITIONSOFLAW..3STATEMENTOFFACTS4ARGUMENT
1.
THEDISTRICTCOURTERREDINCONCLUDINGTHATMERSMEETSTHEDEFINITIONOFA"MORTGAGEBANKER"UNDERNEB.REV.STAT.§45-702(6)ANDISTHEREFOREREQUIREDTOREGISTERASAMORTGAGEBANKER.7LA.MERSDOESNOT"ACQUIRE"MORTGAGELOANSORENGAGEINANYOFTHEOTHERMORTGAGEBANKINGACTNITIESDESCRIBEDIN§45-702(6),ANDMERS'ABILITYTOEXERCISEINTERESTSINAMORTGAGELOAN,INCLUDINGTHERIGHTTOFORECLOSE,ISNOTSUFFICIENTTODEEMTHATMERSACQUIRESMORTGAGELOANSBECAUSEMERSMERELYACTSINANOMINEECAPACITYFORTHEOWNERANDHOLDEROFTHEPROMISSORYNOTESECUREDBYTHEMORTGAGE.7
JTB/303151.5
1
 
I.B.THEDISTRICTCOURTSHOULDHAVERECOGNIZEDTHATMERS'OWNERSHIPOFALEGALINTERESTINTHESECURITYDOCUMENTDOESNOTEQUATETOMERS'OWNERSHIPOFTHEPROMISSORYNOTEOROTHERDEBTINSTRUMENTEVIDENCINGTHELOANMADETOTHECONSUMER...............................12II.THEDISTRICTCOURTERREDBYFAILINGTODETERMINETHATMORTGAGELOANCONSUMERSWILLNOTBEHARMEDIFMERSISNOTREGISTEREDASAMORTGAGEBANKER.17CONCLUSION22
JTB/303151.5
n

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