Search for: "Mortgage Electronic Registration Service (MERS)"
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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]
22 Apr 2011, 1:40 pm
Saurman, the Michigan Court of Appeals held, in an opinion authored by Judge Shapiro, that Mortgage Electronic Registration System (MERS) did not have authority under MCL 600.3204(1)(d) to foreclose by advertisement because it did not own an interest in the indebtedness secured by the mortgage. [read post]
19 Apr 2011, 12:41 pm
The Office of the Comptroller of the Currency (“OCC”), the Office of Thrift Supervision (“OTS”), and the Federal Reserve have apparently concluded their investigations into the mortgage servicer and supporting firm practices… including allegations of “robo-signing”, and have announced formal enforcement actions against fourteen servicers and two related servicer providers, Lender Processing Services… [read post]
15 Apr 2011, 7:50 pm
Mortgage Electronic Registration Systems Inc., or MERS, of Reston, Va., and Lender Processing Services Inc. of Jacksonville, Fla. [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]
5 Mar 2011, 2:44 pm
MERS stands for Mortgage Electronic Registration System. [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]
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]
18 Jan 2011, 5:56 am
The property was eventually sold by judicial sale to Mortgage Electronic Registration Service (MERS) on September 20, 2006, over Wharton's objection. [read post]
6 Jan 2011, 7:57 am
Today the Virginia-based Mortgage Electronic Registration Systems (MERS) has more than 67 million electronic mortgages on file. [read post]
24 Dec 2010, 10:16 am
Mortgage Electronic Registration Systems, Inc. [read post]
24 Nov 2010, 3:07 am
The main focus of this increased lobbying effort in Washington is Mortgage Electronic Registration Systems (MERS). [read post]
24 Nov 2010, 1:28 am
Das and others claimed they were duped into taking a $975k loan they could not possibly repay and that the Mortgage Electronic Registration Systems, Inc. [read post]
18 Nov 2010, 9:16 am
Mortgage Electronic Registration Systems, Inc., commonly referred to as “MERS,” is the recorded owner of over half of the nation’s residential mortgages. [read post]
8 Nov 2010, 11:06 pm
The Deed of Trust identifies First Trustee Services, Inc., as the “Trustee,” while Mortgage Electronic Registration Systems, Inc. [read post]
8 Nov 2010, 1:00 pm
MERS stands for Mortgage Electronic Registration Systems, Inc. [read post]
6 Nov 2010, 3:22 pm
MERS, which stands for Mortgage Electronic Registration System, is under fire. [read post]
14 Oct 2010, 11:42 am
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]
