Filed Under:

Local Governments File Suits Against MERS

Play associated audio
In the mid-'90s, the big banks set up the Mortgage Electronic Registration System, or MERS, to track mortgages as they're traded by investors in mortgage-backed securities. It's a system set up to let banks skip the process of paying recurring filing fees at county courthouses each time a mortgage was bought or sold. Now, many cash-strapped local governments, big and small, are filing lawsuits against MERS. Politicians contend their communities are owed millions of dollars.
NPR

'Game Of Thrones' Finale Sunday Caps A Season Of Satisfaction

NPR TV Critic Eric Deggans says HBO's most popular series soared this year with plots that moved beyond George R.R. Martin's published books.
NPR

With A Zap, Scientists Create Low-Fat Chocolate

Scientists say they've figured out how to reduce the fat in milk chocolate by running it through an electric field. The result is healthier, but is it tastier?
WAMU 88.5

Analysis Of The Last Supreme Court Decisions Of The Term

Analysis of the Supreme Court's last decisions of the term and the impact of a vacant seat on the bench.

NPR

President Obama Acknowledges 'Brexit' To Silicon Valley Crowd

President Obama delivered a speech Friday at Stanford University, and remarked on the Brexit vote in front of a crowd of young, tech-forward, pro-globalization attendees from 170 countries.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.