2012-07-21market-ticker.org

It appears that Louisiana has had enough with MERS and avoidance of recording fees.

As I have repeatedly pointed out (along with others) MERS is basically a scheme to avoid county recording fees for mortgages through the dubious claim that one can "bifurcate" a mortgage and note when it suits the banks to make trading the debt easy, but then can

...



Comments: Be the first to add a comment

add a comment | go to forum thread