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Mortgage Electronic Registration System

Petition to Audit the Land Record

Richard Zombeck | Posted 06.09.2013 | Business
Richard Zombeck

Land records across the country have been polluted, diluted, laundered and rendered useless by MERS (the Mortgage Electronic Registration System), and Landtegrity.com has posted a petition demanding answers from the White House.

Fixing the Mortgage Mess: The Game-changing Implications of Bain v. MERS

Ellen Brown | Posted 10.23.2012 | Business
Ellen Brown

San Bernardino and other counties are drowning in debt from a crisis created when Wall Street's real estate securitization bubble burst. By using eminent domain, they can clean up the destruction of their land title records and 400 years of real property law.

Big Banks To Pay Millions In Settlement With NY Over Mortgage Practices

Reuters | Posted 05.13.2012 | Business

* JPM, BofA and Wells Fargo partially settle NY lawsuit * Citi, Ally Financial also part of $25 mln deal * Banks did not...

Loren Berlin

Banks Fear Mortgage Settlement Doesn't Protect Against Future Fraud Charges

HuffingtonPost.com | Loren Berlin | Posted 02.07.2012 | Business

Executives at some of the nation's largest banks could be slowing down the national settlement over allegations of widespread mortgage fraud, concerne...

After AG Lawsuit, Lender To Stop Buying New Mortgages In Massachusetts

AP | By EILEEN AJ CONNELLY | Posted 12.02.2011 | Business

NEW YORK -- One day after it was among five major banks sued by Massachusetts over deceptive foreclosure practices, GMAC Mortgage said Friday that it ...

The Real Foreclosure Crisis: Who Owns the Mortgages?

Peter G. Miller | Posted 05.25.2011 | Business
Peter G. Miller

For all the headlines given to foreclosure affidavits and robo-signing virtually no one has mentioned the real point, the idea that the affidavits themselves may not prove loan ownership regardless of how they were signed.

Matt Taibbi; "Mortgage Market Was A Giant Criminal Enterprise"

True/Slant | Matt Taibbi | Posted 05.25.2011 | Business

The court ruled that the electronic transfer system used by the private company MERS, a clearing system for mortgages, similar to a depository, that i...