The National Association of Independent Land Title Agents (NAILTA) has issued a position paper on Congresswoman Marcy Kaptur’s HR 2425 which would again ask HUD to investigate the Mortgage Electronic Registry System (MERS) through a HUD study and limit the accessibility to MERS by governement sponsored enterprises such as Fannie Mae and Freddie Mac, which curiously, happen to be co-owners of the MERS product.  The new bill mirrors a prior bill — known as HR 6460 — that Kaptur introduced in 2010.

NAILTA: Why Congress Should Examine HR 2425 and MERS Together//