Montgomery County, PA Recorder of Deeds Nancy Becker Joins O'Brien on MERS, Pulls Funds From Wells Fargo

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Montgomery County, PA Recorder of Deeds Nancy Becker Joins O’Brien on MERS, Pulls Funds From Wells Fargo

Montgomery County, PA Recorder of Deeds Nancy Becker Joins O’Brien on MERS, Pulls Funds From Wells Fargo

Via TimesHerald:

COURTHOUSE — Montgomery County Recorder of Deeds Nancy Becker is urging registers of deeds across state and the country to withdraw public money from any banks affiliated with the Mortgage Electronic Registry System (MERS), which she claims is undermining the practice of accurate land recording.

[…]

Since discovering the descrepancies, Becker has pulled the county funds out of Wells Fargo and transferred the money into Univest National Bank and Trust Company, a smaller local bank based in Souderton. The bank had been approached by MERS but decided not to partner with the cyber registry.

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