Search for: "Mortgage Electronic Recording Systems (MERS)"
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26 Jan 2011, 5:00 am
While this would make it much easier for homeowners to find out who owns their debt, it runs counter to the current system used by many lenders who employ Mortgage Electronic Registration Systems or MERS database to record these transfers. [read post]
6 Jan 2011, 7:57 am
The new system allowed MERS to be listed as the mortgage holder in local land records offices. [read post]
24 Dec 2010, 10:16 am
Mortgage Electronic Registration Systems, Inc. [read post]
21 Dec 2010, 1:33 pm
But the odds are pretty good that MERS, the Mortgage Electronic Registration Systems, is the record owner of the mortgage on your house. [read post]
20 Dec 2010, 11:07 am
In a lien theory state, such as Nevada, there is no system to police the servicer banks. [read post]
24 Nov 2010, 5:50 am
Reston, Virginia based Mortgage Electronic Registration Systems, otherwise known as MERS, is now being investigated by Federal bank regulators Comptroller of Currency John Walsh recently announced. [read post]
24 Nov 2010, 3:07 am
The main focus of this increased lobbying effort in Washington is Mortgage Electronic Registration Systems (MERS). [read post]
22 Nov 2010, 11:37 am
So, the banks/securitizers created MERS (“Mortgage Electronic Recordation System”), a private recordation system which effectively removes from the public record the identity of mortgage owners. [read post]
18 Nov 2010, 9:16 am
Mortgage Electronic Registration Systems, Inc., commonly referred to as “MERS,” is the recorded owner of over half of the nation’s residential mortgages. [read post]
16 Nov 2010, 7:43 am
MERS, short for Mortgage Electronic Registration Systems, was created as a way to save money on mortgage recording fees and pass those savings onto homeowners. [read post]
8 Nov 2010, 1:00 pm
MERS stands for Mortgage Electronic Registration Systems, Inc. [read post]
6 Nov 2010, 3:22 pm
MERS, which stands for Mortgage Electronic Registration System, is under fire. [read post]
1 Nov 2010, 3:00 am
The reason it was "not practical" to record the mortgage in the name of the trustee was that there are almost always local law mortgage recording taxes to be paid every time a transfer is made. [read post]
27 Oct 2010, 8:38 am
Just focusing on one potential implication from this very basic discrepancy, it is legally unclear that recording a mortgage with MERS listed as a mortgagee is sufficient to create a perfected security interest. [read post]
20 Oct 2010, 11:04 am
I haven't posted lately for a very good reason -- I've been distracted by the recording acts, the residential foreclosure crisis, and the Mortgage Electronic Recording System (MERS). [read post]
18 Oct 2010, 4:52 am
It turns out that the electronic filing system, i.e. [read post]
14 Oct 2010, 11:42 am
Some mortgages can be tracked in an electronic system known as MERS, or the Mortgage Electronic Registration Systems, that traces transfers among member banks. [read post]
11 Oct 2010, 6:17 am
MERS stands for Mortgage Electronic Registration System. [read post]
11 Oct 2010, 1:17 am
MERS stands for Mortgage Electronic Registration System. [read post]
10 Oct 2010, 8:11 am
He included a man who was foreclosed on even though he didn’t have a mortgage and had paid cash for his home; a home that had two foreclosure suits against it because two servicers claimed to have ownership of the title; and a couple foreclosed on over a $75 late fee that they were in the process of contesting. [read post]
