H.R.6460 – Transparency and Security in Mortgage Registration Act of 2010

What we’ve got here is…failure to communicate.

Why is it that the Hillsborough Board of County Commissioners do not seem to want to look into the possible ramifications of MERS related mortgage filings and their recently approved $250,000,000  municipal bond issues which has the potential to create even more “pooled” or “bundled” mortgage-backed securities?

What are MERS related foreclosure documents costing taxpayers in county staff time?
What are MERS related mortgage files costing county taxpayers in lost fees?

Either they do not know to look into this,
or they do not care to look into this.

Does no one read the SP Times?

<IMHO> Fred Jacobsen

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