Pending Legislation in VA Would Give End Use of MERS, Give Borrowers More Foreclosure Defenses « naked capitalism

Pending Legislation in VA Would Give End Use of MERS, Give Borrowers More Foreclosure Defenses « naked capitalism

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Legislation may be moving toward more common sense regarding the chain of title abuses that have gone un checked the past several years since the creation/ or fabrication of MERS. The recklessness may be slowing down some but it of course this is just proposed legislation. Likely it will be just a momentary shove rather than the true push back against the banks that is desperately needed.