Search for: "Mortgage Electronic System (MERS)" Results 201 - 220 of 245
Sorted by Relevance | Sort by Date
RSS Subscribe: 20 results | 100 results
27 Oct 2010, 8:38 am by Christopher Peterson
However, every case the MERS folks cite to will have the potential to be distinguished by a state Supreme court that believes its legislature did not authorize this type of change to the system. [read post]
19 Apr 2011, 12:41 pm by Mandelman
The Office of the Comptroller of the Currency (“OCC”), the Office of Thrift Supervision (“OTS”), and the Federal Reserve have apparently concluded their investigations into the mortgage servicer and supporting firm practices… including allegations of “robo-signing”, and have announced formal enforcement actions against fourteen servicers and two related servicer providers, Lender Processing Services (“LPS”), and the Mortgage… [read post]
20 Oct 2011, 4:38 pm by Mandelman
Plaintiff Arlene Fontenot sued Wells Fargo Bank, Mortgage Electronic Registration Systems, and three other entities after she defaulted on a secured real estate loan and lost the property to foreclosure. [read post]
7 Jun 2013, 3:40 pm by Cicely Wilson
All centered on the mortgage finance industry’s practice of naming the Mortgage Electronic Recording System, Inc. [read post]
6 Sep 2011, 7:52 am
  The plaintiffs, who were allegedly overcharged during post-judgment payoffs following entry of a mortgage foreclosure, brought this action against the defendants, Mortgage Electronic Systems, Inc., GMAC Mortgage, LLC, and GMAC Bank. [read post]
23 Dec 2011, 6:55 am by Donald Pinto
Aurora Loan Services, LLC (pdf), the plaintiffs tried to stop the foreclosure of their home by filing suit claiming that the defendant lacked authority to foreclose because (1) an assignment of the mortgage from Mortgage Electronic Registration Systems, Inc. [read post]
6 Sep 2016, 2:42 pm by Larry Tolchinsky
Importantly, the mortgage includes the following language: “”MERS” is Mortgage Electronic Registration Systems, Inc. [read post]
1 Dec 2011, 3:55 pm
Because these Freddie and Fannie uniform notes are generally tied to a uniform mortgage that involves Mortgage Electronic Registration Systems, Inc. [read post]
29 Jan 2011, 5:30 am
The elderly woman was tricked into signing loan documents obligating her to hundreds of thousands of dollars of payments with several banks, including GMAC Mortgage, Deutsche Bank National Trust Co. and Mortgage Electronic Registration Systems or MERS. [read post]
7 Aug 2011, 12:18 pm
The banks have also dealt with the struggles of MERS -- Mortgage Electronic Registration Systems -- a system created by lenders in the mid 1990s to more quickly keep track of purchases and sales of homes than county clerks of court. [read post]
13 Jul 2012, 1:00 am by Kevin LaCroix
  As detailed here, the plaintiffs alleged that the bank had misrepresented its reliance (and the reliance of Countrywide Mortgage, a company Bank of American purchased at the outset of the financial crisis) on the Mortgage Electronic Registration System (MERS), a computerized system for tracking mortgages that tried to eliminate the need for mortgage originators to physically record mortgages. [read post]
9 Jan 2012, 3:40 pm by Rich Vetstein
In a securitized mortgage pool, in which over 60% of all U.S. mortgage are part, the note and mortgage are separated between securitized trusts, mortgage services or Mortgage Electronic Registration System (MERS). [read post]
4 Jan 2012, 8:06 am
Because of their reliance on MERS, Mortgage Electronic Registration Systems, a network of real estate purchases and sales created by and monitored by banks, home sales haven't been well kept track of. [read post]
30 Jan 2012, 3:35 pm by Mandelman
Little known before the mortgage crisis hit, MERS, which stands for Mortgage Electronic Registration Systems, has been at the center of complaints about false or erroneous mortgage documents. [read post]
22 Dec 2011, 5:34 am
So we were pleased to see the Dec. 1 announcement that the state of Massachusetts has sued five major lenders and the Mortgage Electronic Registration System, the private company they use to buy and sell loans, for foreclosure fraud. [read post]
18 Jan 2012, 1:21 pm by Rich Vetstein
Aurora Loan Servicers which considered the very complex maze that is Mortgage Electronic Registration System (MERS). [read post]
15 Jul 2011, 8:03 am
Some judges have ruled against banks because they couldn't prove who owned the house after problems with the Mortgage Electronic Recording System, or MERS. [read post]
18 Feb 2010, 5:57 pm
Bank attached a copy of the mortgage it sought to foreclose to the complaint; however, this document identified Fremont Investment and Loan as the "lender" and Mortgage Electronic Registrations Systems, Inc., as the "mortgagee. [read post]