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: The Home Equity Theft Reporter

The Controversy Continues On Role Of MERS In Foreclosures

By r morris

Bloomberg News reports:On July 1, a federal judge took away Robert Bellistri?s house in Arnold, Missouri. Bellistri, who bought the house as an investment after it was seized for non-payment of taxes, failed to notify Mortgage Electronic Registration Systems Inc. of his purchase, the judge said. A state appeals court last year had ruled otherwise, finding Bellistri didn?t need to tell MERS, a

Full post as published by The Home Equity Theft Reporter on October 20, 2010 (boomark / email).