Search for: "MORTGAGE ELECTRONIC SERVICES"
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5 Mar 2011, 1:22 pm
MERS is essentially a large electronic database of mortgages and mortgage transactions. [read post]
19 Nov 2010, 1:23 pm
Title: Burning down the house [electronic resource] : mortgage fraud and the destruction of residential neighborhoods. [read post]
13 Mar 2015, 1:15 pm
The report indicates that recent supervisory resolutions in the areas of payday lending, mortgage servicing, and mortgage origination resulted in remediation of approximately $19.4 million to more than 92,000 consumers. [read post]
5 May 2011, 9:34 pm
Defendants [borrowers] were entitled to judgment as a matter of law because, pursuant to [Michigan law], MERS did not own the indebtedness, own an interest in the indebtedness secured by the mortgage, or service the mortgage. [read post]
4 May 2022, 8:19 am
The report discusses the Bureau’s examinations in the areas of auto servicing, consumer reporting, credit card account management, debt collection, deposits, mortgage origination, prepaid accounts, remittance transfers, and student loan servicing that were completed between July 2021 and December 2021. [read post]
25 Nov 2014, 6:41 am
On the mortgage front, the report noted the CFPB’s new mortgage servicing rules that went into effect on January 10, 2014. [read post]
18 Oct 2010, 4:52 am
MERS serves as the mortgagee of record for lenders, investors and their loan servicers in the county land records. [read post]
30 Apr 2009, 1:04 pm
The House Financial Services Committee will continue marking up the Act today. [read post]
27 Apr 2011, 6:30 am
A recent Monitor article highlighted the massive legal problems created by banks’ use of MERS, the Mortgage Electronic Registration Systems. [read post]
11 Jul 2011, 12:34 pm
MERS is listed as a “nominee” on Massachusetts mortgage documents, meaning the owner (or “holder”) of the mortgage is likely someone else, and of course the servicer of the mortgage is likely to be still another company. [read post]
24 Oct 2014, 8:19 am
Mortgage Fraud Blog. [read post]
10 Nov 2011, 8:05 am
The clerk of courts in Jacksonville and the attorney general in Delaware have sued MERS -- Mortgage Electronic Registration Systems, Mortgage Servicing News is reporting. [read post]
2 Dec 2011, 9:10 am
District Court for the District of Massachusetts issued an exhaustive 59-page decision addressing two key issues that recur in countless foreclosure cases: the need for the foreclosing mortgagee to hold both the mortgage and the note, and the validity of a foreclosure of a mortgage once held by MERS (Mortgage Electronic Registration Systems, Inc.). [read post]
24 May 2012, 6:51 am
In the past mortgage debacle, few of the players knew what the baskets of mortgages they were packaging, buying and selling were actually worth. [read post]
14 Jun 2011, 7:17 am
MERS was intended to "streamline the mortgage process by using electronic commerce to eliminate paper. [read post]
22 Jul 2012, 11:31 am
Recently, Hawaii enacted a set of bills related to mortgage origination and servicing. [read post]
13 Jun 2011, 9:38 am
Silverberg, addressed whether a party has standing to commence a foreclosure action when that party's assignor, Mortgage Electronic Registration Systems, Inc. [read post]
8 Nov 2010, 1:00 pm
It was created in 1995 by the mortgage banking industry to track and service mortgages. [read post]
10 Jul 2011, 9:57 am
Legal analysts say the way that Mortgage Electronic Registration Systems handles mortgage assignments during securitizations should change, but that doesn't mean that the system will be dismantled, housingwire.com reports. [read post]
1 Feb 2016, 11:44 am
The promissory note was secured by a mortgage on the property executed by both Holden and his wife in favor of Mortgage Electronic Registration Systems, Inc. [read post]
