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MERS TKO in Oregon?

Several recent decisions by federal judges in Oregon have sent the Mortgage Electronic Registration Systems (MERS) to the mat, bringing foreclosures to a halt.  MERS was created in 1993 to electronically track assignments of mortgages without publicly recording those assignments in the County real property records.  Lenders thereby keep the promissory notes and servicing rights and sell their...

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The Wisdom of Big Bird

“Everybody makes mistakes!”  That’s what we said at my house when the kids were young and somebody spilled the milk or dropped a dish.  It took away the sting of shame and guilt from the person who caused the “accident.”  The quote was taken from Big Bird on Sesame Street. I was talking to a Medford lawyer last week after finally completing the settlement of a hard fought foreclosure...

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