Fannie Mae, Freddie Mac et. al. have been helping ALL of the Banks profit as shareholders and business partners of MERS.
How else would they have created any and all documents from cradle to grave?
Business Week-
Fannie Mae and Ginnie Mae are seeking to protect taxpayers as a flood of new lenders apply to do business with them. That’s also helping big banks’ profit and blunting Federal Reserve efforts to boost housing.
Fannie Mae, the government-supported mortgage financier, has begun limiting how many loans annually it will guarantee or buy from certain firms. Ginnie Mae has moved slowly with responses to applications, said David Lykken, an industry consultant. The U.S.-owned bond insurer is also considering tougher rules, a Ginnie Mae official said earlier this year.