Mortgage Electronic Registration System

Courts may reshape mortgage industry ‎

(Source: Washington Post) – The cases also underscore the uncertainty that continues to surround Mortgage Electronic Registration Systems, known as MERS, which has allowed the financial industry to transfer and reassign millions of mortgages quickly and cheaply since the 1990s. [...]


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US judge blocks foreclosure, rebukes industry practices in Oregon ‎

(Source: Daily Journal) PORTLAND, Ore. — The foreclosure fight in Oregon jumped to a new level last week after a federal judge in Medford rebuked the industry’s sloppy practices in blocking the seizure of a Jacksonville home, and mortgage issuers [...]


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