Forum Post: An Occupy Mortgages Protest Nationwide

MERS (Mortgage Electronic Registration Systems, Inc.) has done a terrible job at tracking mortgage ownership. Because hundreds of sub-prime mortgages where bundled in sub-prime products, it makes knowing who the actual owner of the mortgage almost impossible. These two facts could be used as a leveraging tool for homeowners facing eviction/foreclosure. If the bank cannot prove ownership of the mortgage, they cannot foreclose, evict or demand payment. Why don't we have an Occupy Mortgages where volunteer homeowners facing foreclosure/eviction invite protesters with legal and financial knowledge to occupy their home? The local occupy movement could also provide help. And, in the event that the family is forced to vacate, perhaps some local occupy folks could invite them to occupy their homes. Or, perhaps the local occupy movement would come up with their own solution.