Oppenheim Law

MERS is Dead! Humpty Dumpty Won’t Be Put Together Again!

Blog post   •   Feb 22, 2012 17:34 EST

Humpty Dumpty has had his great fall, thanks to an outstanding bankruptcy judge who has all but dismantled the Mortgage Electronic Registration System (MERS) thanks to his recent ruling.‪‪

Last week New York Judge Robert Grossman ruled that all of MERS' business practices are illegal.

It’s a staggering blow to the banks and their endless efforts to circumvent due process. ‪‪It has the potential to once again slow down the foreclosure process. ‪‪

To read the rest of our commentary, please head to the South Florida Law Blog