Fannie says no to MERS, but yes to flawed foreclosure instructions

Fannie Mae is the latest authority to question the legitimacy of MERS foreclosing in its own name.  See article on court decisions in Kansas and Arkansas here, and an opinion from a bankruptcy court in Nevada here.  Per Fannie’s new servicing guidelines, MERS “must not be named as a plaintiff in any foreclosure action, whether judicial or non-judicial, on a [...]

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