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Real Estate & Property Law

: The Home Equity Theft Reporter

MERS Gets Hammered In Recent Oregon Federal Court Rulings As 100s Of F'closures Stall; Resulting Crappy Titles Will Be Uninsurable, Warns Underwriter

By r morris

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The Oregonian reports:Sales of hundreds of foreclosed homes in Oregon have been halted or withdrawn in recent weeks after federal judges repeatedly questioned their legality, according to a number of real estate attorneys in the state. Lenders have withdrawn more than 300 foreclosure sales since February in Deschutes County alone, one of the Oregon area's hardest hit by the housing collapse.

Full post as published by The Home Equity Theft Reporter on March 07, 2011 (boomark / email).

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