Category Archives: mortgage assignments

MERS and the avoidance of mortgage recording fees is the next shoe to drop

MERS (Mortgage Electronic Registration System) and the avoidance of mortgage recording fees Currently MERS is dealing with a storm in the foreclosure arena over whether or not a lender was legally able to foreclose on a mortgage in MERS name. This has led the firm to issue an announcement instructing all of its members to […]

Is MERS attempting to put the genie back into the bottle with yesterdays Announcement?

MERS – The Mortgage Electronic Registration System issues an Announcement that appears to be an attempt to put the genie back into the bottle Summary: MERS has told its members not to foreclose in its name on home loans, effective immediately. As a recap for those not closely following the issues surrounding MERS and foreclosures, […]