Tag:
Mers
Latest Headlines
Latest Headlines
New York settles with banks over MERS
Recall that New York Attorney General Eric Schneiderman threw a wrench in to the settlement talks between banks and the states when sued the top five banks and MERS for a litany of improprieties.
States, banks finally ink $26B mortgage settlement
After more than a year of talking, state attorneys general inked a $26 billion deal with banks to settle a litany of residential mortgage abuses.
Shuttered LPS unit hit with criminal charges
In the great mortgage meltdown that continues to afflict banks, MERS and its bank-owners attracted a massive volume of criticism, which allowed Lender Processing Services to fly under the radar of...
New York sues 3 big banks and MERS
Eric Schneiderman of New York has been among the most combative attorneys general when it comes to big banks and their mortgage sins. He proved such a provocateur that he was actually asked to leave...
MERS vs. country land registrars
In the heat of the foreclosure fiasco, MERS has been singled out for severe criticism by many stakeholders in the mortgage daisy chain. We've certainly seen a lot of judicial activity around the
MERS at issue in foreclosure fiasco settlement
How to deal with MERS, that much-maligned registry of mortgages that has caused such a firestorm around the country? We have been talking about this at length here and have long considered it an
Bank of America alone in search of settlement
Not too long ago, people were hopeful that a settlement between state and federal regulators and the top banks and mortgage servicers would emerge quickly. Those hopes have been dashed over the last
MERS changes to survive
We noted recently that it looks like MERS will survive. But it will certainly not be the same firm that caused some much controversy over the last few years. The firm, of course, was designed to
MERS back in the spotlight
At the height of the foreclosure fiasco, MERS went from a little known computer database-driven company with roughly 50 employees to near-household name (if you had mortgage troubles anyway). The
Settlement chaos could hit bank mortgages practices
U.S. banks face a deadline of July 13 for submitting plans to federal regulators detailing how they will overhaul their mortgage and foreclosure practices. The problem is that the regulatory effort
