http://thecabin.net/news/2010-10-04/some-ark-clerks-make-thousands-auction-fees
Check it out clerks can keep 1/10Th of 1% for each foreclosure sales price.
One woman collected 104,000. on the side last year regarding one of the perks of her job. Now I wonder what happens to her little windfall if those sales have to be unwound because of MERS..
A state lawmaker wants to limit the amount paid to Arkansas circuit court clerks in fees from auctions of foreclosed properties.
State Rep. Eddie Cheatham, D-Crossett, vice chairman of the House State Agencies and Governmental Affairs Committee, suggested a cap after learning of fees collected by two clerks in northwestern Arkansas.
"I'm fixing to make 75 men and ladies mad," Cheatham said of the clerks in Arkansas' 75 counties. "I'll be drafting a bill in the next few days about this."
Washington County Circuit Clerk Bette Stamps collected more than $104,000 last year, and Benton County Circuit Clerk Brenda DeShields could surpass that amount this year if a judge approves a fee from an auction last week.
State law allows the clerks to keep one-tenth of 1 percent of each foreclosure sales price as personal income.
