Description MERS does not own the debt/note, they have no standing to foreclose on you, and you can fight it as well if they already did. This just one example, go to my blog to see the recent ruling in New York where the judge ruled MERS did not have the right to foreclose. This is about to be a national issue against the banks in favor of the homeowner, becasue in the last 10 years the majority of these securitized notes on wall street were assigned to MERS. It is time to fight back and win, ask me how!