Clouded Titles Blog

Seattle Audit Leaked …

There has been an obvious leak of the McDonnell Property Analytics report.  It should be stressed that this leaked version is NOT the full version of the Seattle audit.  This blog site will carry the official version when it is finally released.   Marie McDonnell has promised me a legitimate version once it’s out!  She has also been invited to speak at the upcoming COTA Workshop about the audit.

It should come as no surprise that the audit showed major irregularities with nearly 200 examined assignments of deed of trust, where servicer employees used MERS to transfer property that MERS had no interest in, according to the Washington Supreme Court.  Thus, any variations of the MERS business model to facilitate foreclosures in Washington State may end up being prosecuted to the fullest extent of the law.

I personally do not believe that the Seattle City Fathers…

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