Search for: "MERS"
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3 Sep 2012, 10:08 pm
The court ruled that MERS cannot foreclose on a home because MERS does not actually own the note the homeowner signed with the lender. [read post]
16 Jul 2010, 1:39 am
When MERS forecloses, MERS is the mortgagee and it is the holder of the note because a MERS officer will be in possession of the original note endorsed in blank, which makes MERS a holder of the bearer paper. [read post]
14 Feb 2011, 7:07 am
MERS has fired its President, R.K. [read post]
25 Feb 2011, 5:40 am
CNBC: Has MERS captured the government? [read post]
GET READY FOR THE GREAT MERS WHITEWASH BILL: “When Congress comes back into session next week, it m…
13 Nov 2010, 5:17 am
GET READY FOR THE GREAT MERS WHITEWASH BILL: “When Congress comes back into session next week, it may consider measures intended to bolster the legal status of a controversial bank owned electronic mortgage registration system that contains three out of every five mortgages in the country. [read post]
27 Jul 2012, 2:41 pm
With respect to the MERS Rule 14 notice, servicers will now be required to notify Fannie Mae whenever they are required to send MERS notice of certain MERS-related legal challenges. [read post]
24 Aug 2012, 9:21 am
Anytime a loan is sold from one member of the MERS system to another, the sale is tracked using the MERS system. [read post]
24 Aug 2012, 9:21 am
Anytime a loan is sold from one member of the MERS system to another, the sale is tracked using the MERS system. [read post]
10 Jul 2011, 9:57 am
It's unclear what the future of MERS is, but what these court decisions say and what the increased news media attention about MERS will do, is put pressure on the troubled system. [read post]
16 Jun 2011, 6:38 am
They argued that Countrywide never transferred or assigned the note to MERS and MERS never assigned it to Bank of New York. [read post]
28 Jul 2011, 9:03 am
MERS holds legal title to particular mortgages, and records the documents at the registries. [read post]
13 Dec 2013, 1:28 pm
The whole MERS (Mortgage Electronic Registration System) stuff is also a mess. [read post]
18 Oct 2011, 4:28 pm
State of Ohio v MERS and Banks// [read post]
6 Feb 2012, 5:25 am
It says MERS is full of inaccuracies that MERSCorp and the major banks do not address before filing. [read post]
6 Jun 2013, 5:01 pm
Oregon Supreme Court Paves Way for MERS to Foreclose Nonjudicially The Oregon Supreme Court, in 2 cases (Brandrup v Recontrust, 353 Or___, and Niday v GMAC Mortgage, LLC, 353 Or ___[June 6, 2013]) has ruled that MERS (Mortgage Electronic Registration Systems) is... [read post]
20 Jul 2012, 9:29 am
Update: See "Oregon Supreme Court will tackle MERS foreclosure issues," by Brent Hunsberger, The Oregonian, July 19, July 20 (print edition), 2012. [read post]
12 May 2011, 8:00 am
MERS (pdf) (see related commentary here). [read post]
12 May 2011, 8:00 am
MERS (pdf) (see related commentary here). [read post]
1 Dec 2011, 12:00 pm
About her MERS-related claims, the AG says that the defendants have "undermined our public land record system through the use of MERS," and that MERS was created "primarily to avoid land registration and recording requirements, including payment of recording and registration fees, and to facilitate the sale of mortgage loans. [read post]
30 Jul 2010, 6:07 am
The complaint makes some pretty scandalous allegations and the major argument is that the way Stern and MERS handles foreclosures is unfair. [read post]
