« Law - Another concern for prospective big-law 1st year associates? And others too? | Main | Ind. Decisions - Transfer list for week ending March 4, 2011 »
Saturday, March 05, 2011
Law - "MERS? It May Have Swallowed Your Loan"
The ILB has had a number of entries on MERS, the Mortgage Electronic Registration.
Today the NY Times has this story, by Michael Powell and Gretchen Morgenson. A quote:
But a piece of that world survives on Library Street in Reston, Va., where an obscure business, the MERS Corporation, claims to hold title to roughly half of all the home mortgages in the nation — an astonishing 60 million loans.
Posted by Marcia Oddi on March 5, 2011 02:43 PM
Posted to General Law Related