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There was no public recording, nor does Janice Kerbel intend one.
The study did not track luxury condominium sales, Mr. Henckels said, because of delays of up to six months in the public recording of those transactions.
Created by lenders seeking to save millions of dollars on paperwork and public recording fees every time a loan changes hands, MERS is a confidential computer registry for trading mortgage loans.
This may be explained in part by the fact that the public recording and registration systems are more effective (despite the differences in how they operate) and by the fact that in both systems there are fewer possible outstanding interests in land.
First, consumers and their counsel can no longer turn to the public recording systems to learn the identity of the holder of their note.
MERS was created to bypass public recording; it would be listed in the county records as the "mortgagee of record" and the "nominee" of the holder of mortgage.
Similar(53)
Publications make up one's permanent, public record of accomplishment.
Prejudice as public record.
There are other public records.
These are public records.
The wiretap applications are not public records.
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