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Home » Store » Taxable » In Wake of Florida Loss, MERS and Fannie Mae Take Another Look at Lost-Note Foreclosures

In Wake of Florida Loss, MERS and Fannie Mae Take Another Look at Lost-Note Foreclosures

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In the wake of an ongoing legal tussle in Florida, Fannie Mae has quietly begun a probe of mortgage servicing practices – a review that includes a look at the business practices of the Mortgage Electronic Registration System. Fannie Mae officials wouldn’t say much about the company’s review, other than to confirm that it is ongoing. But documents obtained by Inside Mortgage Finance suggest that the probe was spurred – at least in part …
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