Mortgage Finance Industry Expects Courts to Side With MERS in Disputes Over Right to Foreclose
October 21, 2010
Mortgage industry insiders are confident most courts in the country will rule in favor of the Mortgage Electronic Registration Systems and its right to foreclose on defaulted mortgages, based on a host of previous legal decisions. As the foreclosure documentation debacle has spread...
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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