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Loan Modification

: Loan Modification & Home Loan News

MERS Enters Self-Preservation Mode, Issues Press Release To ?Clarify? Its Role In Foreclosure Fraud

By Moe Bedard

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As more people realize that the fake title transfer aspect of foreclosure fraud is just the tip of the iceberg which runs, via MERS (Mortgage Electronic Registration Systems) conduits all the way to the core of the securitization system, and thus $10 trillion in first level debt (and who knows how much in 3rd and [...]

Full post as published by Loan Modification & Home Loan News on October 11, 2010 (boomark / email).

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MERS Enters Self-Preservation Mode, Issues Press Release To "Clarify" Its Role In Foreclosure Fraud

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