MERS Registry Comes Under Fire in Foreclosure Crisis: Video
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MERS Registry Comes Under Fire in Foreclosure Crisis: Video

Oct. 21 (Bloomberg) -- Bloomberg's Megan Hughes reports on Mortgage Electronic Registration Systems Inc. (MERS), a database that tracks the servicing rights and ownership interests in mortgage loans. MERS, whose parent company is Merscorp Inc., was created by industry leaders in 1995 to improve servicing after county offices couldn't deal with the flood of mortgage assignments, a company spokeswoman said. (Source: Bloomberg) (Bloomberg)

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