New York Attorney General Eric Schneiderman filed suit against several of the nation’s largest banks charging that the creation and use of Mortgage Electronic Registration Systems (MERS) has resulted in a range of deceptive and fraudulent foreclosure filings in New York state and federal courts, harming homeowners and undermining the integrity of the judicial foreclosure process. Click to continue
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New York AG Schneiderman Seeks Legal Action Against MERS and Major Servicers for Deceptive Practices