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

'Swiss Army Man' Directors Explain The Symbolism Behind A Farting Corpse

The directors of Swiss Army Man — Daniel Kwan and Daniel Scheinert — talk to NPR's Kelly McEvers about what inspired them to make a movie about a flatulent corpse, and the deeper meaning behind it.
NPR

Can Arnold Schwarzenegger Persuade China To Eat Less Meat?

Like the U.S., China is battling obesity and climate change. So it's urging citizens to eat less meat — and spreading the word with public service ads featuring Hollywood stars.
NPR

Kansas Votes More Money For Public Schools To Avert Shutdown

Legislators, pressured by the state Supreme Court, passed a $38 million package for the state's underfunded schools. Justices had threatened to close all public schools in Kansas after this month.
NPR

Shock, Rage And Gallows Humor: A Brexit Backlash On Social Media

Young voters had overwhelmingly voted to remain in the European Union. Now there's a flood of anger from those who accuse older generations of choosing a future they don't want.

Leave a Comment

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