Search for: "Mortgage Electronic Recording Systems (MERS)" Results 81 - 100 of 155
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3 Sep 2012, 10:08 pm by Richard
The Washington State Supreme Court ruled that the nations largest Mortgage Electronic Registration System, MERS, cannot foreclose on a borrowers home by itself. [read post]
18 Oct 2011, 4:28 pm by Mandelman
The complaint alleges that the MERS system is a “scheme” designed to evade the required recording fees and the suit specifically seeks payment of those fees, saying that in the securitization process mortgages are assigned at least twice. [read post]
17 Jun 2011, 12:02 pm
In 1993, frustrated by the time and cost involved in complying with state laws regarding the recording of mortgage assignments, the residential mortgage industry created MERS -- Mortgage Electronic Recording System. [read post]
6 Feb 2012, 5:25 am
MERS, as it is better known, is an electronic system and a private company set up by major lenders in the 1990s to facilitate the buying and selling of mortgages among financial institutions. [read post]
1 Nov 2010, 3:00 am by LindaMBeale
  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]
3 Feb 2012, 9:22 am by Big Tent Democrat
] [. . .] “The banks created the MERS system as an end-run around the property recording system, to facilitate the rapid securitization and sale of mortgages. [read post]
14 Feb 2011, 7:07 am by Mandelman
Bank holds in the underlying mortgage was received by way of an assignment from the Mortgage Electronic Registration System a/k/a MERS, as a “nominee” for the original lender. [read post]
28 Jun 2011, 1:22 pm
At issue in the New York case was a problem with MERS, the Mortgage Electronic Recording System created in 1993 by the residential mortgage industry to track sales of homes. [read post]
13 Jan 2012, 10:36 am by blacklobellolaw
MERS stands for Mortgage Electronic Registration System and, as a company, represents some of the most difficult issues Nevada must deal with as part of the mortgage crisis. [read post]
16 Jul 2010, 1:39 am by Mandelman
MERS is the acronym used to describe Mortgage Electronic Registration Systems, Inc. [read post]
12 Apr 2011, 6:30 am
In what is becoming a bit of a trend, another state official has come to the realization that counties and states nationwide has been robbed of millions of dollars in recording fees through the use of the Mortgage Electronic Registration Systems, Inc. [read post]
31 May 2010, 11:19 pm by R. Grace Rodriguez, Esq.
("PAM"), claiming to be the assignee of a mortgage originally given by the debtor to Mortgage Electronic Registration Systems, Inc. [read post]
12 Oct 2011, 6:14 pm by eithurburn@getnicklaw.com
’s Mortgage Electronic Registration Systems Inc. which allows mortgages to be transferred freely without recording the transaction so long as the note is transferred to or from a MERS member. [read post]
18 Feb 2016, 6:34 am by MBettman
Case Background On November 26, 2007, Daren and Angela Messer executed a promissory note and mortgage in favor of the Mortgage Electronic Registrations System, Inc. [read post]
24 Jan 2012, 7:00 am by Gordon Orloff
Federal National Mortgage Association (see our related posts here and here), a divided Supreme Court of Michigan has reversed a Court of Appeals decision that required Mortgage Electronic Registration Systems, Inc. [read post]
14 Oct 2010, 11:42 am by The LBN Team
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]
29 Mar 2012, 9:07 am by Mandelman
Mortgage Electronic Registration Systems, et al and Selkowitz v. [read post]
1 Feb 2016, 11:44 am by MBettman
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]