MERS: A Primer
For those who don't know much about MERS, the story may be worth a
For the story, see How a mortgage clearinghouse became a villain in the foreclosure mess.
In a related commentary, see Rolling Stone: An Extremely Long Metaphor to Explain Mortgage Chaos (describing MERS as "essentially an effort at systematically evading taxes and hiding information from homeowners in ways that enabled the Countrywides of the world to defraud investors and avoid legal consequences for same").
(1) For some additional insight on MERS, see:
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