https://www.overlawyered.com/2012/04/april-20-roundup-3/ Chronicling the high cost of our legal system Mon, 14 Oct 2013 21:32:44 +0000 hourly 1 https://www.overlawyered.com/2012/04/april-20-roundup-3/comment-page-1/#comment-151226 Fri, 20 Apr 2012 16:19:45 +0000 http://overlawyered.com/?p=29103#comment-151226 You know, the MERS thing has some facial plausibility: the whole use of MERS already makes a complete hash of traditional debtor-creditor relationships and facilitates the multifarious nonsense arising from repackaging of mortgage-backed notes. It’s easily plausible to posit that the system is designed to evade recording fees (though I’m not a RICO expert and am thus not sure if that suffices). Interesting claim.

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