http://news.yahoo.com/s/ap/20101013/ap_on_bi_ge/us_jpmorgan_mortgages
MERS authenticity of legal title transfer.....case closed.
Now the shit just legally hit the fan.
JPMorgan Chase's CEO says the bank has stopped using the electronic mortgage tracking system used by major financial institutions.
Lawyers have argued in court proceedings that the system is unable to accurately prove ownership of mortgages.
