Alabama lawsuits challenge electronic mortgage system

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Alabama lawsuits challenge electronic mortgage system

Alabama lawsuits challenge electronic mortgage system

As you read this story, read after the couple of “however”…this looks like a planned article. Wonder who was really behind this?

AL.com-

A national company’s mortgage registration sys­tem makes it difficult to track property title owner­ship and allows it to avoid paying county record fees, according to lawsuits filed by two Alabama counties in recent months.

The cases filed by the Walker County Commis­sion and Barbour County’s probate judge are among a number of lawsuits filed by counties and homeowners nationwide challenging the legality of the Mortgage Electronic Registration Sys­tems Inc.’s system, known as MERS.

[AL.com]

 

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