Who Are Mtg Electronic Registration Systems
I received a Satisfaction of Mortgage by Corporation today regarding a mortgage dated 11/10/04 that was supposedly released in December of 2005. That would be sort of a long time to send a satisfaction all this time later. What is this? Who are they? I read something on the internet about them (also known as MERS) and somehow mortgage companies use them to sign their mortgage/satisfaction paperwork for them. I just don't quite know about this?
Anyone can give me any information??