Precisely. And hopefully, the next iteration will cure the flaws and obsolete those redundant clerks once and for all. MERS may have jumped the gun, but it's the right idea. It's 2011, and we don't need no stinkin' overpaid, unionized paper pushers!
If I can trade tens of thousands of dollars of common stock in milliseconds, why should it take orders of magnitude longer to do the same with real estate?
MERS is a fraud and has destroyed the clear title of over 95% of the homes in this country and should be burned down to the ground.
Property laws are state laws and I don’t want to see the property laws of this country turned over to the federal government and nationalized. That is socialist/commie stuff.
Recording of title NEEDS to be local.
We don’t need no stinkin’ overpaid unionized federal employees mucking about in our property rights.
So someone with the ‘right’ idea should be able to trump the laws of all 50 states and just implement it on their own? And once they do implement it there should be no consequences for their action, but their actions should just be excepted and overwrite existing law, because hey its a good idea! And who gets to decide what’s a right idea with you? Apparently not the people or their elected legislatures. Last time I check we were a Republic and conservatives were fighting to keep it that way. I am not against changes in the laws and I agree that changes especially changes to keep up with the times are often needed, but there is a proscribed method for making those changes and for anyone to defend the breaking of long stand existing of all law of all 50 states and treating the bypassing of the legitimate legislatures of all 50 states like it was some small breach of etiquette just because they have determined that it’s a good idea to be diametrically opposed to principle this nation was founded on. Some people think it would be a good idea that guns be taken away from the general public, some people think it would be a good idea to decide if and how many children people can have or that it would be a good idea for the state to order the abortion of children like Trig Palin, there are so so many ‘good ideas’ that some people would like to implement and it would be so much easier if they could just do it with out the people, their elected representatives or their foolishly outdated existing laws getting in the way.