An article by Christopher Peterson, Professor of Law at the University of Utah S.J. Quinney College of Law, was quoted in the March 16 Seattle Times.
The Times article, “State’s high court hears suits against mortgage clearinghouse,” details two recent cases before the Washington state Supreme Court that could decide whether the Mortgage Electronic Registration Systems (MERS) has the legal authority to foreclose on delinquent Washington homeowners.
In the quoted law review article, Peterson is critical of the MERS system, noting that it has led to a loss of certainty in public records. “For the first time in the nation’s history, there is no longer an authoritative, public record of who owns land in each county,” he wrote.