Search for: "Mortgage Electronic Recording Systems (MERS)" Results 41 - 60 of 155
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28 Jul 2011, 9:03 am by doug
The Boston Globe recently reported that Massachusetts Attorney General Martha Coakley is not backing off her invetigation into the practices of the Mortgage Electronic Registration System known as MERS. [read post]
25 Apr 2011, 7:07 am
Our Moreno Valley foreclosure defense attorneys have written here before about the Mortgage Electronic Registration Systems, the huge national database that large banks have created to keep track of loan ownership among themselves. [read post]
20 Feb 2013, 12:16 pm by Pierre Bergeron
Mortgage Electronic Registration Systems, Inc., the Sixth Circuit upheld dismissal of an action brought by various Kentucky county clerks against the MERS system and a variety of banks that utilized it. [read post]
10 Feb 2012, 5:15 am
New York Attorney General Eric Schneiderman brought suit against at least three of the nations biggest banks and Mortgage Electronic Registration Systems; Inc. [read post]
18 May 2013, 11:38 am by Thomas McAvity
In essence, the County is going after Mortgage Electronic Registration Systems, or MERS., the property records system that enabled the rapid, complex transactions involving these bundled mortgages, and the banks that cut The county is arguing that MERS wrecked the public property records system while simultaneously helping mortgage lenders evade transaction fees. [read post]
23 Jul 2012, 4:10 pm by Lori Bauman
  At issue was the Mortgage Electronic Registration System, Inc. -- known as MERS -- which lenders have used for nearly 20 years to track electronically the transfer of beneficial interests in loan obligations. [read post]
6 Mar 2011, 2:52 pm by Peter Moulinos
A review of the article reveals that MERS (the Mortgage Electronic Registration System) is a murky attempt by banks to create their own nationwide county clerk within which mortgages can be assigned and traded like an electronic stock exchange. [read post]
17 Feb 2011, 5:38 am
As the Wall Street Journal reported Feb. 14, a federal bankruptcy court judge in New York has ruled that the Mortgage Electronic Registration Systems, the huge electronic mortgage database company created by a group of major lenders, has no right to transfer mortgages under New York law. [read post]
15 Feb 2011, 6:15 pm by Craig Robins
Critics of MERS say the electronic database has also enabled banks to avoid paying county recording fees whenever they assign a loan. [read post]
5 Oct 2011, 12:12 pm by Nicole Kellner-Swick
A Nation Mired in MERS Mortgage Electronic Registration Systems, Inc. [read post]
6 Apr 2020, 3:59 am
MERS Failures MERS is an acronym for the Mortgage Electronic Registration System. [read post]
3 Feb 2012, 12:29 pm by Keith Mullen
The suit, filed in New York state court,  describes the use of MERS as “an end run around the property recording system. [read post]
5 May 2011, 8:16 pm
The propriety of the banks action A recent California bankruptcy court decision may invalidate the Mortgage Electronic Registration Systems (MERS) process in nonjudicial states. [read post]
2 Aug 2011, 12:24 pm by LarryT
MERS Created Chaos in Longstanding, Traditional Public Record Land Title Documentation As Richard Zombeck pointed out in the Huffington Post this week, MERS (Mortgage Electronic Registration System) was set up by banks to streamline their ability to foreclose on homes throughout Florida and elsewhere. [read post]
19 Aug 2011, 6:13 am
One of the biggest determinants of banks liability, however, will be the extent to which the Mortgage Electronic Registration System, or MERS, takes responsibility. [read post]
24 Aug 2012, 9:21 am by Thomas Hillier
Mortgage Electronic Registration Systems Inc., et al, held that MERS, when acting as a nominee for a named lender, is not a beneficiary under Oregon law. [read post]
24 Aug 2012, 9:21 am by Thomas Hillier
Mortgage Electronic Registration Systems Inc., et al, held that MERS, when acting as a nominee for a named lender, is not a beneficiary under Oregon law. [read post]