WSJ Attempts to Slam Schneiderman But CLEARLY Doesn't Know What They Speak Of

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WSJ Attempts to Slam Schneiderman But CLEARLY Doesn’t Know What They Speak Of

WSJ Attempts to Slam Schneiderman But CLEARLY Doesn’t Know What They Speak Of

Someone obviously didn’t do their homework! Perhaps reading MERS 101 might help.

WSJ-

New York Attorney General Eric Schneiderman seems to think his job is to sift through the wreckage of the housing market and shoot the wounded. His latest target is electronic mortgage record-keeping, which he calls a scandal, perhaps because he doesn’t understand it.

Mr. Schneiderman is following Delaware’s Beau Biden, who sued the Mortgage Electronic Registration Systems in October, and Massachusetts’s Martha Coakley, who added banks to her suit in December. The New York complaint names many of the same institutions and alleges that MERS, as the database is known, has harmed homeowners by undermining judicial foreclosure and creating “confusion and uncertainty” about property ownership interests.

[WALL STREET JOURNAL]

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2 Responses to “WSJ Attempts to Slam Schneiderman But CLEARLY Doesn’t Know What They Speak Of”

  1. james says:

    Did it ever occur to you that may be the Wall Street Journal is right and you are the one that doesn’t know what you’re talking about?

  2. dinsfla says:

    You’ve got to be kidding with me.

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