Search for: "MERS MORTGAGE AND SECURITY INSTRUMENT" Results 1 - 20 of 56
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6 Nov 2010, 3:22 pm by Katie Porter
MERS, which stands for Mortgage Electronic Registration System, is under fire. [read post]
14 Jun 2011, 7:17 am by Richard Alderman
(hereinafter MERS), was listed in the underlying mortgage instruments as a nominee and mortgagee for the purpose of recording, but was never the actual holder or assignee of the underlying notes. [read post]
16 Aug 2011, 6:21 am
(MERS)" and "the Certifying Officer must execute the assignment of the Security Instrument from MERS before initiating foreclosure proceedings or filing Legal Proceedings and promptly send the assignment of the Security Instrument for recording in the applicable public land records". [read post]
17 Oct 2011, 5:22 am by Jonathan Alper
As most know, during the years leading up to the real estate crisis mortgage lenders originated individual home loans and then assigned packages of these loans to investors who converted the packages to mortgage securities. [read post]
27 May 2008, 9:09 am
MERS is the mortgagee under this Security Instrument. [read post]
19 Oct 2012, 12:15 pm by Patrick Hughes
  As such, every time a financial instrument containing mortgages is sold, various state laws require that the sale of each such mortgage (or deed of trust) be recorded in the local county courts in order to preserve certain rights. [read post]
4 Apr 2011, 2:21 pm
Effective for Mortgages registered with MERS that are referred to foreclosure on or after April 1, 2011, Servicers must prepare an assignment of the Security Instrument from MERS to the Servicer and instruct the foreclosure counsel or trustee to foreclose in the Servicer's name and take title in Freddie Mac's name. [read post]
22 Apr 2011, 1:40 pm by Sarah Lindsey
 Judge Wilder dissented, concluding that under the mortgage security instruments, MERS had a contractual interest in the indebtedness. [read post]
6 Dec 2009, 6:44 am by malik11397
MERS contracts with lenders to track security [*5] instruments in return for an annual fee. [read post]
29 Sep 2010, 10:05 am
MERS is specifically described (in bold print) as the 'mortgagee under the Security Instrument.'...The mortgage then specifies that the borrower, Mr. [read post]
11 Feb 2014, 10:37 am by WOLFGANG DEMINO
In the mortgage, the borrower assigns his right, title, and interest in the property to MERS, and the mortgage instrument is then recorded in the local land records with MERS as the named mortgagee. [read post]
25 May 2010, 3:32 pm by Harry Styron
MERS had to admit that the actual mortgage signed by Fox had not been recorded, but that MERS had recorded an affidavit attaching a copy of the Fox mortgage, the original of which had been lost. [read post]
22 Feb 2011, 11:32 am by Kent Anderson
  According to the website, MERS should be named in security instruments as a “nominee for the lender” in order to “eliminate the need for assignments and realize the greatest savings. [read post]
17 Aug 2012, 11:02 am by Rebecca Tushnet
”  It’s often listed as the beneficiary of the deeds of trust securing its customers’ interests in homes subject to mortgages. [read post]
9 Apr 2012, 6:00 am by Christine Wilton
  After an exhaustive analysis of UCC Articles 3 and 9, the court held that lenders must show a clean, clear documentary trail for both security instrument and the debt instrument, which effectively places the burden of proof square on the lender to demonstrate standing to enforce those instruments. [read post]
13 Jan 2012, 10:36 am by blacklobellolaw
A DOT is a three-party instrument involving a beneficiary, trustor and trustee, which serves the same general purpose as a mortgage. [read post]