NJ Bergen County Clerk John Hogan discusses foreclosure crisis, MERS

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NJ Bergen County Clerk John Hogan discusses foreclosure crisis, MERS

NJ Bergen County Clerk John Hogan discusses foreclosure crisis, MERS

NJ-

Despite its standing as one of the most affluent areas in the country, Bergen County did not dodge the foreclosure crisis, Bergen County Clerk John Hogan said at a talk with Bergen County Grassroots today.

The good government group invited Hogan and mortgage consultant Jacqueline Wisner to speak about the county’s mortgage recording system.

The number of troubled mortgages increased drastically in Bergen County as the foreclosure crisis took hold.

In 2009, Bergen County recorded 4,594 liz pendens filings, which lenders use to indicate the possibility of a foreclosure on a property. That is more than double the number recorded in 2007.

[NJ.COM]

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2 Responses to “NJ Bergen County Clerk John Hogan discusses foreclosure crisis, MERS”

  1. Judith McDonald says:

    YES. They have lost major revenues as well as other recorder of deeds offices in USA. I think the solution for consideration is how collectively make a deal with MERS for every State. These funds unlike AG settlement funds go right into State coffers, helping each State best serve it’s own needs or desires.

  2. JIMI says:

    ALL BERGEN COUNTY RECORDS CONTAIN FRAUDULENT MORTGAGE ASSIGNMENTS
    AND THE COUNTY CLEARK KNOW IT AND STILL ALLOW IT TO BE RECORDED.
    ALSO THERE IS NO ONE AT THE BERGEN COUNTY NJ RECORDING OFFICE THAT HANDLE COMPLAINS OF THE PUBLIC WHEN THE PUBLIC INFORM THEM OF THIS FRAUDUKLENT ASSIGNMENT OF MORTGAGES

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