Premire Birmingham Moving Company – 205 – 322 – 6200

Electronic Mortgage System Focus of Lawsuits

The Mortgage Electronic Registration Systems, Inc. system, aptly called MERS is under debate as a potentially illegal means of obtaining real estate documents. MERS is a program that manages the document aspects of sales–and it is causing difficulty for those looking to track titles and to maintain county fees. The Birmingham movers know that we are not alone in the robo-signing mortgage problem.Here, a number of homeowners and counties are filing lawsuits against MERS.

The claims against MERS say that the process is confusing, deceptive and damages the integrity of Alabama land records. Check out more on the issue here.

 

This entry was posted in Birmingham movers, current events, in the community. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Both comments and trackbacks are currently closed.