MERS Makes Changes in Settlement with DE AGs Office
July 23, 2012
When Mortgage Electronic Registration Systems is in the news, its usually racking up another court victory. Not this time. MERS recently agreed to make a number of changes to its practices including regular reports on the accuracy of its records as part of a settlement of a lawsuit that Delaware Attorney General Beau Biden filed against it last year. Among the changes MERS agreed to was to maintain a database that will enable homeowners whose mortgages are held by MERS members to see who owns and services...