Magic of the mortgage electronic registration system: It is and it isn't

dc.contributor.authorWeber, David P.en_US
dc.contributor.cuauthorWeber, David P.en_US
dc.date.accessioned2014-06-27T13:45:51Z
dc.date.available2014-06-27T13:45:51Z
dc.date.issued2011en_US
dc.date.monthSummeren_US
dc.date.year2011en_US
dc.description.abstractThis essay critically examines MERS' structure which incorporates principles of dubious legality such as a theory of common agency as well as a duality of roles held by MERS. The article examines many recent decisions in state, federal and bankruptcy courts in order to identify current trends regarding MERS-related jurisprudence. The essay also provides an in-depth discussion of the historical issue of severing a promissory note and a mortgage, and how that can prove to be fatal in some cases but not others (depending especially on the forum). The article concludes with a proposal for the creation of a federal data clearinghouse akin to the EDGAR system for publicly held companies, to document ownership and transfers of mortgages and promissory notes in a secondary market.en_US
dc.description.issue3en_US
dc.description.pages239-264en_US
dc.description.volume85en_US
dc.identifier.citationDavid P. Weber, The Magic of the Mortgage Electronic Registration System: It Is and It Isn't, 85 Am. Bankr. L.J. 239 (2011).en_US
dc.identifier.issn0027-9048en_US
dc.identifier.issn0027-9048en_US
dc.identifier.orcidhttps://orcid.org/0000-0002-6203-2185
dc.identifier.ssrnhttp://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=1213660
dc.identifier.urihttp://hdl.handle.net/10504/60142
dc.program.unitSchool of Lawen_US
dc.subject.fastPromissory notesen_US
dc.subject.fastMortgagesen_US
dc.subject.fastDeeds of trusten_US
dc.subject.fastForeclosureen_US
dc.titleMagic of the mortgage electronic registration system: It is and it isn'ten_US
dc.title.workAmerican Bankruptcy Law Journalen_US
dc.typeJournal Articleen_US
dc.typeJournal Article
dc.url.fasthttp://id.worldcat.org/fast/01078907en_US
dc.url.fasthttp://id.worldcat.org/fast/01026642en_US
dc.url.fasthttp://id.worldcat.org/fast/00889465en_US
dc.url.fasthttp://id.worldcat.org/fast/00931742
dc.url.link1http://www.heinonline.org/HOL/Page?public=false&handle=hein.journals/ambank85&men_hide=false&men_tab=citnav&collection=journals&id=247
dc.url.link3http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1898306en_US
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