MERS

MERS and ICE: Modernization Without Regulation Increases Housing Crash Risk

By Jon Anderson / October 17, 2018 /

Remember the Great Recession and resulting cascade of foreclosures that exposed lax mortgage practices highlighted by the poster-child of “robo-signing”? At the center of it all was MERSCORP Holdings, Inc., and their confusingly-named MERS System and Mortgage Electronic Registration Systems, Inc. Earlier this month, Intercontinental Exchange (the other ICE) acquired the remaining minority stake in…

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