Send by Knoxville News Sentinel

A key player in that part of the story has been the little-known Mortgage Electronic Registration Systems, or MERS. MERS is essentially a confidential [...]

Send by Advanced American Media Projec

MERS which was created and owned by banks is a directory to handle the huge numbers of foreclosures banks have been faced with. With so many loans having [...]

Send by Examiner.com

That securitization process, was in turn, enabled by the Mortgage Electronic Registration System or MERS, a company based in Reston, Virginia According to [...]

Send by CNBC

We were shocked this morning to hear JP Morgan Chase chief executive Jamie Dimon say his bank had dumped MERS, the electronic mortgage clearing house. [...]

Send by International Business Times

The attorney generals said they will also investigate the industry-owned Mortgage Electronics Registration Systems (MERS) that allegedly has created more [...]

Send by Kansas City Star

“MERS is one important component of the complex infrastructure of America's housing finance system. Billions of dollars of mortgage money flow through the [...]

Send by The Coloradoan

MERS stands for Mortgage Electronic Registration Systems and is owned by the usual suspects, Bank of America, Citigroup, Fannie Mae, Freddie Mac and others. [...]

Send by Reuters

(Reuters) - The growing furor in the United States over improper foreclosure documents is focusing intense attention on MERS, a mortgage-record service [...]

MERS incorporated in October 1940 as Jewish Employment & Vocational Service to help those in greatest need by providing desired employment and community [...]

Mortgage Electronic Registration Systems (MERS) is a privately held company that operates an electronic registry designed to track servicing rights and [...]

For more information about MERS please go to www.mersinc.org Homeowners: Visit MERS for Homeowners for information about the duties and responsibilities of [...]

Mortgage Electronic Registration Systems, Inc. (“MERS”) is a proper party that can lawfully foreclose as the mortgagee and note-holder of a mortgage loan. [...]

Send by Foreclosureblues

In a separate release, JPMorgan Chase announced that it is withdrawing from MERS in connection with legal challenges to foreclosures. We expect others to follow in an effort to try to circumvent the chain of title and document problems [...]

Statement by CEO of Mortgage Electronic Registration Systems (MERS) RESTON, Va.--(BUSINESS WIRE)--Mortgage Electronic Registration Systems (MERS) Chief. [...]

Send by beth

“Who was this MERS? Now we have no idea who owns the paperwork,” says Persten, an appliance salesman in West Palm Beach, Fla. “If I won the lotto, I'd pay off my mortgage, but I don't know who to pay.” Persten's confusion is shared by [...]

Send by mijadedios

MERS was created by the mortgage banking industry to streamline the mortgage process by using electronic commerce to eliminate paper. Our mission is to register every mortgage loan in the United States on the MERS® System. [...]

Send by Keri

MERS, Citibank, Ally named in civil RICO suit; Nation's largest title insurance company denies new title insurance polices to JPM, Ally sales. A civil Rackteering-influence and Corrupt Organizations (RICO) suit has been filed on behalf [...]

Posted To: Pipeline PressLife is full of unintended consequences and logistical nightmares - just ask the Chilean miners. It seems that tensions rose as wives. [...]

Send by Dean

Mortgage Electronic Registration Systems (MERS) Chief Executive Officer RK Arnold today issued the following statement regarding the organization and clarifying certain aspects of its operations: [...]

Send by Jim the Realtor

“First they said it was MERS who was the lender. That clearly didn't work because MERS lent nothing, collected nothing and never had anything to do with the cash involved in the transaction. Then they started with the servicers who [...]

Send by Tyler Durden

“Slowly but surely” courts are issuing decisions which “cast validity on the MERS process.” Although ~60% of mortgages list MERS as the “nominee” which owns the mortgage, a handful of recent court cases have ruled that MERS has no [...]

Send by Foreclosureblues

So casual were the big banks about what they considered “mere formalities,” that they created a company called the Mortgage Electronic Registration System (MERS) to accelerate the loan securitization process and save the banks hundreds [...]

Hint: It Holds 60% of All Mortgages, But Has ZERO Employees) Washington's Blog You've heard the name Mortgage Electronic Registration Systems or MERS. [...]

Send by Jeff Barnes

In a separate release, JPMorgan Chase announced that it is withdrawing from MERS in connection with legal challenges to foreclosures. We expect others to follow in an effort to try to circumvent the chain of title and document problems [...]

Send by www.nakedcapitalism.com

I get on an airplane, and there are more dramatic developments by the time I land. Even though the headline item is the fact that the attorneys general in all 50 states are joining the mortgage fraud investigation, the real indicator that the banks are stressed is that they have started abandoning MERS, the electronic database [...]