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Adam L Bailey and Dov Treiman |
Correcting the MERS Errors to Establish a Secure, Profitable National Title SystemArticle |
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| http://alblawfirm.com/ | Understanding MERS. Although not the cause of the problem by any means, yet still at the heart of its mechanics, is the national ‘‘Mortgage Electronic Registration Systems,’’ known as MERS. Operating near Washington, D.C., MERS is involved in nearly 60 percent of residential mortgage-like transactions nationally, with a registry entailing some 60 million residential mortgages. The authors and sponsors of this national system intended both to simplify and to centralize the tracking process of rights regarding each mortgage-like instrument. |
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Correcting the MERS Errors to Establish a Secure, Profitable National Title System
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