TX District Attorney Craig Watkins to Explore Possible Claims against Mortgage Electronic Registration Systems, Inc. (MERS)

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TX District Attorney Craig Watkins to Explore Possible Claims against Mortgage Electronic Registration Systems, Inc. (MERS)

TX District Attorney Craig Watkins to Explore Possible Claims against Mortgage Electronic Registration Systems, Inc. (MERS)

Dallas South News-

Today Dallas County District Attorney (DA) Craig Watkins announced that the DA’s office is considering asserting claims against Mortgage Electronic Registration Systems, Inc. (MERS) for the possible loss of millions in revenues to Dallas County.

MERS, a subsidiary of MERSCORP, Inc., was established and is owned by banks and members of the mortgage finance industry.  MERS was established to act as a shadow recording system for the millions of mortgages in the United States and facilitate the buying and selling of mortgage rights as commodities.

[DALLAS SOUTH NEWS]

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