MERS to members: Don’t foreclose in our name
By admin on Feb 17, 2011 in Topics
Mortgage Electronic Registration Systems, or MERS, told its members Wednesday not to foreclose on residential mortgages in its name.
The electronic registry of mortgage records built by Fannie Mae, Freddie Mac and the nation’s major lenders more than a decade ago has been under increasing fire by homeowners, prosecutors, politicians and others.
The drumbeat against MERS became [...]
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