Mortgage Electronic Registration System

Last Friday and Saturday I attended the Teaching Consumer Law Conference hosted by the University of Houston Law Center. There were a number of terrific presentations, but Christopher Peterson’s presentation on Mortgage Electronic Registration System, Inc. (MERS) really caught my attention. MERS is a privately held company that “registers” mortgages. Ordinarily, the mortgagee (lender) must record its interest in the mortgage in the county land records. Any subsequent transfers of the mortgagee