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Tag: Mortgage Electronic Registration System

MERS is Dead! Humpty Dumpty Won’t Be Put Together Again!

Humpty Dumpty has had his great fall, thanks to an outstanding bankruptcy judge who has all but dismantled the Mortgage Electronic Registration System (MERS) thanks to his recent ruling.‪​‪ Last week New York Judge Robert Grossman ruled that all of MERS’ business practices are illegal. It’s a staggering blow to the banks and their endless efforts to circumvent due process. […]

Week In Review: DeMarco Doesn’t Get It; Scheiderman Sues Banks over MERS; Swiss Bank Charged with Tax Evasion

Fri Feb 3, 2012 by on Florida Law News

Freddie Mac’s Regulator ‘Completely Puzzled’ by Allegations of Conflict If Edward DeMarco is puzzled by the outrage over the revelation that Freddie Mac was investing in securities that paid off if homeowners couldn’t refinance, then call us puzzled by his puzzlement. Either he’s a bold-faced liar or he is just plain dense. Does he really not get it? DeMarco, the […]

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