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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]
14 Jun 2011, 7:17 am by Richard Alderman
 MERS was  intended to "streamline the mortgage process by using electronic commerce to eliminate paper. [read post]
2 Dec 2011, 9:10 am by Donald Pinto
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]
14 Oct 2015, 6:56 am by Charles Ochab
Court of Appeals for the Fifth Circuit recently held that an assignment of a mortgage deed of trust (“DOT”) from Mortgage Electronic Registration Systems (“MERS”) to an assignee (“Assignee”) was valid under Texas law, because MERS was specifically named as a beneficiary in the DOT and was vested with the power to exercise […] Charles Ochab [read post]
14 Nov 2011, 5:48 am by Texas RioGrande Legal Aid
The Mortgage Electronic Registration System was created in the 1990s by 3,000 of the nation’s largest lenders to “streamline the mortgage sale process by using e-commerce to replace paperwork,” according to the company’s website. [read post]
13 Jun 2011, 9:38 am by Richard Montes
Silverberg, addressed whether a party has standing to commence a foreclosure action when that party's assignor, Mortgage Electronic Registration Systems, Inc. [read post]
4 Apr 2011, 2:21 pm
Freddie Mac will no longer allow loan servicers that are managing Freddie loans to foreclose on a piece of property in the name of Mortgage Electronic Registration Systems, Inc. [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]
1 Sep 2015, 6:19 am by Jeffrey Brown and Joshua Davey
On August 5, 2015, the CFPB published a report titled “Leveraging technology to empower mortgage consumers at closing,” which concluded that borrowers can benefit from electronic closings or “eClosings” – that is, closings in which a borrower can view and sign documents electronically. [read post]
7 Mar 2011, 8:24 am by Donald Pinto
One of many issues swirling in the miasma of the foreclosure crisis has been whether Mortgage Electronic Registration Systems, Inc. [read post]
21 Dec 2010, 1:33 pm by Carolyn Moskowitz
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]
9 Dec 2011, 6:37 am
Mortgage Electronic Registration Systems, where it ultimately found that an assignment of a promissory note need not be recorded before a foreclosure by advertisement may take place. [read post]
21 Aug 2010, 10:21 am
Deutsche Bank National Trust Company decided in the 5th District of Florida has given us some new case law relating to the Mortgage Electronic Registration System (MERS). [read post]
10 Oct 2011, 6:15 am
State and federal officials have been engaging in negotiation settlement talks with the United States' largest banks regarding the shoddy foreclosure practices of Mortgage Electronic Registration Systems (MERS). [read post]
1 Nov 2010, 7:56 am by propertyprof
In honor of the first of the month, here are the top ten recent Property paper downloads from SSRN: 1. [3783 downloads] Two Faces: Demystifying the Mortgage Electronic Registration System's Land Title Theory by Christopher Lewis Peterson (Utah) 2. [350... [read post]
14 Nov 2010, 5:25 pm by lpbncontracts
(Last week's ranking in parentheses.) 1 (1) Two Faces: Demystifying the Mortgage Electronic Registration System's Land... [read post]
11 Jan 2012, 3:30 am by propertyprof
Via Joseph Singer, here's an interesting decision from the Michigan Supreme Court: Contrary to the ruling of some other courts, the Michigan Supreme Court held that MERS (Mortgage Electronic Registration Systems) has standing to foreclose on properties for which it... [read post]
2 Dec 2010, 11:08 am by propertyprof
In honor of the beginning of the month, here are the most downloaded property articles over the last 60 days: 1. [4549 downloads] Two Faces: Demystifying the Mortgage Electronic Registration System's Land Title Theory by Christopher Lewis Peterson (Utah) 2.... [read post]