If you have never heard of Mers, that's just fine with the Mortgage Banking Industry because there may be more trouble ahead. According to a recent article Mers Corporation claims to hold title to roughly half of the nations home mortgages, about 60 million loans.
This relatively unknown private corporation with fewer than 50 employees could be a serious public problem for all of us in the near future. You need to know about this so read the entire article here.
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