Volume 14 - Number 17
August 26, 2010
MERS Conflict Lives on in New England
Maine became the latest state to come down against the Mortgage Electronic Registration System on the question of whether MERS, as “nominee” for the lender under the mortgage, has standing to initiate a foreclosure action. Although the ruling raised further questions about MERS’ legal standing, as a practical matter it does not appear to...
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