via: stacyvan
Rumors have been swirling for quite some time of this connection and here is some info below.
This doc below is asking for a legal opinion of eNotes…but read this carefully.
“We note that a state potentially could adopt legislation restricting operation of mortgage note registries to trust companies or similar entities;19 however, such a law would only be valid if it applied equally to electronic and paper mortgage notes.20”
Here’s a link when C&B said their goodbye’s as soon as Mr. Holder became the US AG in 2009:
http://www.cov.com/news/detail.aspx?news=1391
UPDATE: More of the same here…Former OCC, OTS & Fannie Executive Joined MERSCORP in 2011