Search Site   Web   Archives - back to 1987 Google Newspaper Archive - back to 1901Powered by Google

Untangling Florida's foreclosure crisis

Foreclosure crisis: MERS and the mortgage process
[Photo: Getty Images]

Florida's foreclosure crisis seems like a never-ending nightmare. Mortgages are caught up in MERS, an electronic database that most homeowners never heard of until the foreclosure crisis. Homeowners in foreclosure are worried that robo signing by lenders' employees may have led to mortgage fraud. The mortgage process itself is under scrutiny by the courts and government regulators who are asking: How could something so simple as a home loan go so terribly wrong?

Consumer resources
Related stories
Consumers
Foreclosure crisis: MERS and the mortgage process
Courts & the law
Lenders & investors
Market statistics
Subscribe to the Times
Click here for daily delivery
of the Tampa Bay Times.

Email Newsletters

ADVERTISEMENT