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MERs illustrated: Corporate Documents Illuminate the Mortgage Shell Game

10-20-2010 • SmirkingChimp.com

Got that? "No interests are transferred," they're "just tracked." MERS "holds legal title," but "no interests are transferred." In other words, this virtual entity has all of the rights to act against homeowners, with none of the responsibility.

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MERs illustrated: Corporate Documents Illuminate the Mortgage Shell Game

FreedomsPhoenix.com