I found these sentences on my mortgage document:
"MERS is a separate corporation.....MERS is the mortgagee..."
"MERS is nominee solely for the lender (and the lender's successors and assigns), and the successors and assigns of MERS"
"For this reason, borrower grants to MERS (and it's successors and assigns) all of borrower's title interest in the property"
"MERS is the beneficiary".
Are they "written statements" and if so, who is considered as making them? are they considered "statements made by MERS" or "statements made by the lender" (I was told that although MERS is named as mortgagee, MERS is not a party to the transaction).
The mortgage is printed on a standard Fannie Mae Single Family form.On my mortgage is named the lender, MERS, and I. But, the lender did not sign. I am the only signatory, and the lender says MERS is not a party to the transaction. If the lender made the statement that all my interest in the property is being transferred to a separate corporation, that could mean that the lender negated my right to rescind at the closing table - if MERS made the statement, then MERS negated my right to rescind. I it is to be construed that I, myself, made that statement, then the lender fraudulently induced me to waive my right to rescind. So, who made the statement on my mortgage?