Majority stake in MERSCORP Holdings acquired by NYSE parent company ICE

June 17, 2016 by Brena Swanson   Intercontinental Exchange, ICE, announced on Friday that it plans to acquire a majority equity position in MERSCORP Holdings, the owner of Mortgage Electronic Registrations Systems, collectively known MERS, sending a signal to the market that MERS is finally vindicated. [ How this show vindication is not stated. What it … More Majority stake in MERSCORP Holdings acquired by NYSE parent company ICE

Travis County Recorder Speaks Out Against MERS and the Fifth Circuit Ruling

October 13, 2015 by findsenlaw In Travis County, a large Texas county with Austin (my alma mater) serving as the county seat, the County Clerk derided a recent MERS-related decision of the notoriously “conservative” (really meaning bank-oligarchy-friendly rather than some more benign definition of fiscal conservatism) U.S. Court of Appeals for the Fifth Circuit in … More Travis County Recorder Speaks Out Against MERS and the Fifth Circuit Ruling

MERS Lacks Legal Authority and Public Accountability

September 16, 2015 by findsenlaw MERS is one large reason for the mortgage foreclosure mess homeowners find themselves in. Some of the best quotes, – Mortgage servicing companies, banks, courts and government agencies have all expressed astonishment at the extent to which MERS database is inaccurate. (p. 24) – “Simply put, ‘MERS is the Wikipedia … More MERS Lacks Legal Authority and Public Accountability