Search for: "Mortgage Electronic Registration Systems "
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14 Apr 2011, 7:17 pm
This has included Continuing Legal Education presentations relating to mortgage foreclosure, electronic discovery, and dispute resolution, as well as evaluations of various parallel State and Federal programs and the effective sharing of knowledge and resources. [read post]
14 Apr 2011, 12:39 pm
Mortgage Electronic Registration Systems, released on February 22 and approved for publication on April 12, 2011, the Michigan Court of Appeals considered whether a person who was deputed as a special deputy to perform the specific task of conducting foreclosures could conduct such sales. [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]
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]
30 Mar 2011, 8:30 am
The mortgage attached to the complaint specified another entity, Silver State Financial Systems, as lender and still another, Mortgage Electronic Registration Systems, as mortgagee. [read post]
14 Mar 2011, 1:45 pm
Brazil also announced that the foreclosure suspension actually took effect in December and that the company will be changing its "affidavit and notarization procedures, tightening oversight of outside law firms, reviewing how it uses the Mortgage Electronic Registration Systems. [read post]
12 Mar 2011, 7:39 am
”In 2010, the Arkansas Supreme Court ruled that MERS (Mortgage Electronic Registration Systems) Corporation was prohibited from filing foreclosures in that state.A federal bankruptcy judge in Long Island ruled just last week that MERS could not act as the “agent” of the mortgage note owner. [read post]
8 Mar 2011, 6:20 am
”In 2010, the Arkansas Supreme Court ruled that MERS (Mortgage Electronic Registration Systems) Corporation was prohibited from filing foreclosures in that state.A federal bankruptcy judge in Long Island ruled just last week that MERS could not act as the “agent” of the mortgage note owner. [read post]
7 Mar 2011, 8:24 am
One of many issues swirling in the miasma of the foreclosure crisis has been whether Mortgage Electronic Registration Systems, Inc. [read post]
6 Mar 2011, 2:52 pm
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]
6 Mar 2011, 12:43 pm
Image via Wikipedia By MICHAEL POWELL and GRETCHEN MORGENSON Published: March 5, 2011 “…Judges, lawmakers, lawyers and housing experts are raising piercing questions about MERS, which stands forMortgage Electronic Registration Systems, whose private mortgage registry has all but replaced the nation’s public land ownership records. [read post]
5 Mar 2011, 2:44 pm
MERS stands for Mortgage Electronic Registration System. [read post]
2 Mar 2011, 4:13 am
NY Bankruptcy Judge Rules That Mortgage Electronic Registration Systems (MERS) Lacks Right To Assign Mortgages$8,000 Home Buyer Tax Deadline Expires Today: You Need A “Binding Contract”The Massachusetts Offer To Purchase Real Estate: A Binding Contract [read post]
1 Mar 2011, 8:00 am
Massachusetts homeowners, banks, and real estate practitioners will be well-served to note a recent bankruptcy court decision holding that the Mortgage Electronic Registration System (MERS) does not have the right to assign mortgages under New York law. [read post]
22 Feb 2011, 11:32 am
Many home lenders use an entity called Mortgage Electronic Registration Systems, Inc., or “MERS” as a nominal party in loan transactions to facilitate an electronic central registry of note holders and servicers. [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
Below is an article about the highly-controversial MERS — the Mortgage Electronic Registration System — which has been negatively featured in national news over the past year for contributing to the foreclosure woes of millions. [read post]
15 Feb 2011, 4:24 pm
MERS, which stands for Mortgage Electronic Registration Systems, tracks more than 60 million mortgages, and has filed thousands of foreclosure actions on behalf of lenders. [read post]
15 Feb 2011, 12:57 pm
The case is In Re Agard (click here to download), and essentially throws a huge monkey wrench into a hugely important cog of the entire U.S. mortgage market, the Mortgage Electronic Registration System, Inc. known as MERS. [read post]
14 Feb 2011, 7:07 am
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]