Quantcast


System failure (access required)

Electronic transferring of mortgages is complicating foreclosures

By Scott Baughman, staff writer
Published: February 21, 2012
Time posted: 4:17 pm
Tags:
MERS was supposed to make it faster and simpler to buy and sell mortgages. But in a world where foreclosures have become commonplace in headlines, MERS has made life more complicated for banks and lenders as they try and prove who owns what.



POST A COMMENT

Comments are closed.


Recent Stories

TAKE OUR POLL

When looking for a home or condo to buy, what would turn you off the most?

View Results

Loading ... Loading ...