The mortgage industry has created a system meant to simplify the handling of loan documents. Instead, it’s legally shaky, makes tracking mortgage-note ownership extremely hard and may wind up throwing into doubt who actually controls the title of properties throughout the country.
Continue reading MERS: The Mortgage Database That’s Clouding Millions of Titles
MERS: The Mortgage Database That’s Clouding Millions of Titles originally appeared on DailyFinance on Mon, 06 Dec 2010 10:00:00.
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