MERS Throws In the Towel – Prohibits Foreclosures In Its Name to “Strengthen Business Practices”
Foreclosure Processing and Enhanced Certifying Officer Process
MERS will shortly announce a proposed amendment to Membership Rule 8 requiring Members to not foreclose in MERS’ name.
Additionally, all MERS Certifying Officers must be tested and appointed under our enhanced certifying officer process.
Full announcement below…