The Truth re Loan Modification, Bankruptcy & Foreclosure in …
June 1st, 2010 by admin
MERS administers an electronic registry to track the transfer of ownership interest and servicing rights in mortgage loans. With respect to certain loans of which its members are the beneficial owners, MERS also serves as mortgagee of …. Consequently, on April 28, 2009, and without a hearing or any review of apparent inconsistencies in the bankruptcy record concerning ownership of the mortgage and note, the court granted PAM relief from the automatic stay to foreclose …
Tags: also-serves, beneficial, consequently, detected, following, members-are, mortgage, relief-from, the-beneficial, the-mortgagePosted in
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