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MERS CEO to Leave Company .
WSJ ^
| 1/22/11
| K TIMIRAOS
Posted on 01/21/2011 7:47:05 PM PST by Kartographer
The chief executive of the privately-held Mortgage Electronic Registration Systems, or MERS, is planning to leave the company and an announcement of his departure could come within days, according to people familiar with the matter.
The company has been under fire by Congress and state officials for its role in the mortgage-document crisis. The firm's board has met in recent days to address the fate of the company and its chief executive, R.K. Arnold, people said.
(Excerpt) Read more at online.wsj.com ...
TOPICS: Business/Economy; Crime/Corruption
KEYWORDS: banksters; foreclosuregate
Rats starting to jump the MERS ship.
To: DuncanWaring; kiryandil; NVDave; Chunga85; Neidermeyer; tweakDU; WILLIALAL; FromLori; blam
2
posted on
01/21/2011 7:48:06 PM PST
by
Kartographer
(".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
To: Kartographer
MERS, the three card monte scheme behind the mortgage documentation mess.
3
posted on
01/21/2011 8:07:33 PM PST
by
ninonitti
To: ninonitti
MERS has hit the iceberg and the ship is sinking. Time to bail out. Only fools would go down with this turkey.
4
posted on
01/21/2011 8:55:41 PM PST
by
MasterGunner01
(To err is human; to forgive is not our policy. -- SEAL Team SIX)
To: MasterGunner01
5
posted on
01/21/2011 10:43:30 PM PST
by
srajan
To: MasterGunner01
I remember Paul Harvey telling the story of the iceburg intentionally hitting the Titanic ...the defense was...”But I was just minding my own business!! â€...but it was struck from the record...and now... you know the rest of the story
6
posted on
01/21/2011 11:11:47 PM PST
by
M-cubed
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