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Home » Store » News » Loan Servicers Waver on MERS as Courts Question Registry’s Status

Loan Servicers Waver on MERS as Courts Question Registry’s Status

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Recent adverse state court decisions in Kansas and Massachusetts have caused mortgage servicers’ confidence in the Mortgage Electronics Registration System to falter, according to Moody’s Investors Service. In a recent analysis, the credit rating agency said that because of the rulings, private-label securitization servicers are forced to alter their foreclosure and bankruptcy...
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