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home foreclosures: SERS not MERS! - 02/24/11 12:05 PM
SERS not MERS!
If you have been a reader of The Hallmark Abstract Sentinel then by now you are aware of MERS and the controversy that surrounds it. The Mortgage Electronic Recording System has been at the heart of questionable foreclosures due to standing issues, as well as for having aided in the avoidance of untold millions in recording fees not paid to counties.
It was only a matter of time before someone came up with a way to digitize marriage recordings in a system known as SERS, the Spouse Electronic Recording System (H/T 4closure Fraud).
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Michael Haltman

Jericho, NY

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Hallmark Abstract Service LLC

Address: 131 Jericho Turnpike, Suite 205, Jericho, NY, 11753

Office Phone: (516) 741-4723

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The Hallmark Abstract Sentinel is written for the purpose of keeping our clients and subscribers current on any issues that may have the potential to impact the real estate, mortgage or title insurance markets. Examples of these issues include the current foreclosure crisis and the potential that foreclosures already completed could be overturned due to a variety of legal issues.


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