eClosing
Latest Posts
Legal analysts say MERS is down, but not completely out
Jun 17, 2011Legal analysts say the way Mortgage Electronic Registration Systems handles mortgage assignments during securitization should be changed, but they reject the idea that MERS is at risk of being completely dismantled. “Although a few courts may identify perceived deficiencies with the use of MERS in certain contexts, the majority of courts presented with questions regarding the validity of the system continue to accept and uphold MERS’s role as a legitimate cog in the mortgage lending industry,” attorneys with K&L Gates said in a new report.
-
MGIC tightens default guidelines for mortgage servicers
Jun 07, 2011 -
Florida court defends ‘rocket docket’ foreclosures in its final month
Jun 02, 2011 -
NY appellate court scrutinizes the MERS standing issue
May 27, 2011 -
DOJ settles with BofA and Saxon over SCRA foreclosure violations
May 26, 2011 -
Connecticut, Utah AGs send accusatory letters to Bank of America
May 26, 2011 -
Ohio AG, Carrington settle mortgage servicing suit
May 23, 2011 -
As lenders hold homes in foreclosure, sales are hurt
May 23, 2011 -
Texas passes bill to protect active military from HOA foreclosures
May 19, 2011 -
MERS must use judicial process to foreclose in Michigan
Apr 29, 2011 -
California bankruptcy court rules against MERS
Apr 19, 2011 -
OCC, Fed actions will not impact AG investigation: Miller
Apr 13, 2011
