Federal Judge Rules that Banks Must Follow the Law

More specifically, a Federal judge has ruled that MERS tried to circumvent state law, costing counties millions of dollars in lost recording fees, compromising public records, and confusing consumers. Needless to say, executives form MERS disagree with the judge’s interpretation of state law.

This ruling could cost MERS millions of dollars — billions if other jurisdictions are included. Since I have always felt that the entire purpose of the corporation was to get around the law, I hope they get what legal penalties they have coming to them.

 

In Closing: Yeah yeah I’ll keep posting NSA links as long as there are links to post (bonus anti-terror link!); tax reform; maybe it’s because nobody can afford overpriced organizing stuff; that does sound a little unfair; it turns out that Medicaid is better than nothing– for hospitals!; a couple diet, exercise, and obesity items; about nothing, “not that there’s anything wrong with that”; and “take our puppet, please!”

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