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...Since then, three of the state legal officers in Tuesday’s meeting – those from Massachusetts, Nevada and Delaware – have launched suits against leading financial firms, including BofA, Merscorp, owner of...
...Merscorp said it is “confident” that its registry complies with Massachusetts law, citing favourable state court cases to buttress its position....
...MERSCORP created Quick background. MERS itself began in circa 1997, ironically largely in response to the issue of lost mortgage ‘assignments.’...
...But do welcome a new toxic acronym to the stable — MERS — that’s Mortgage Electronic Registration Systems Inc. It sounds innocuous enough....
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