Mers System News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Mississippi Senate Government Structures Committee killed a bill Tuesday to reform the state's retirement system.

Making sure that they're following the law when they're foreclosed, so that the homeowner's rights are being followed, when they lose their home. but at the same time, keep in mind, there's a cloud on title. if they are foreclosing on these properties without the proper documentation, now there's a cloud on that chain of title. and that is not good for our state or the economy, in general. >> and to that end, attorney general beau biden from delaware has gone directly at the chain of title issue that is in the so-called mers system. i want to play, if i could, a sound bite of him on the show, ...

Things. they avoided millions upon millions of fees, and are able to more nimbly secure ties to mortgage backed securities. but they forgot to keep track of mortgages. and in delaware, in 72% of the cases we've investigated, and this is just the beginning, they've literally foreclosed on behalf of the wrong entity. so they exercise the right to foreclosure on an entity, and in one case in delaware that we have, they foreclosed on behalf of an entity that no longer existed. so that's how screwed up this has become. they don't follow their own rules, and that's why we think they violated the del...