2011-06-02wsj.com

``According to the Oregonian, the ruling galvanized mortgage companies and title insurers to amend state recording requirements so that banks that used MERS to track ownership of mortgages would face relaxed requirements when bringing foreclosure actions. The amendment would have relaxed requirements that lenders ensure public recording in local land records before foreclosing on borrowers without going to court.'' -- Bankster attempt to continue circumventing the law defeated! In one state, at least...


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