Legislating limits on Mortgage Electronic Registration System 

Posted: 7:00 pm Mon, January 17, 2011
By Steve Lash
Daily Record Legal Affairs Writer

The lending industry launched the Mortgage Electronic Registration System in 1997 to be a centralized database to streamline the transfer of home loans among investors while making it easier for borrowers to keep track of who owns their loans. But the system’s critics, including an influential Maryland state senator, say the industry got it only ...