New York’s U.S. Bankruptcy Court Rules
MERS’s Business Model Is ILLEGAL.
Huffington Post reports that United States Bankruptcy Judge Robert Grossman has ruled that MERS’s business practices are unlawful. What this boils down to is that all foreclosures should be stopped immediately.
Read Full Article: http://www.huffingtonpost.com/mobileweb/l-randall-wray/new-yorks-us-bankruptcy-c_b_824167.html
MERS website: http://www.mersinc.org/
Wikipedia on MERS: http://en.wikipedia.org/wiki/MERS