It’s been a while since we’ve checked in on the various lawsuits facing the Mortgage Electronic Registration System (MERS). �MERS is a system that was created for the purposes of facilitating the packaging of mortgages into mortgage backed securities. �Without MERS, mortgage securitizations would have been much more difficult. �It has faced a variety of [...]
Source: http://www.totalmortgage.com/blog/mortgage-rates/mers-dealt-setback-in-oregon-foreclosure-lawsuit/17657
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