MERS is a huge mess.
Indeed and selling is bad enough, imagine all the lawsuits that could come forth from someone (fund) who bought a bundle of assets that the seller never really owned
Maybe they will just try and blame it on a software glitch
https://money.cnn.com/2018/08/04/news/companies/wells-fargo-mortgage-modification/index.html?utm_source=fbCNN&utm_content=2018-08-04T22%3A38%3A30&utm_medium=social&utm_term=link