Kramer Kaslow: Office of Comptroller of the Currency signs Cease and Desist Order with MERS Corp.
Kramer Kaslow: Office of Comptroller of the Currency signs Cease and Desist Order with MERS Corp. Philip Kramer Weighs in on latest settlement agreement between the U.S. government and MERS Corp. Calabasas, CA (PRWEB) June 03, 2011 The Office of the Comptroller of the Currency has just signed a Cease and Desist settlement agreement with MERS Corp (Mortgage Electronic Registration Systems). Among other things, the Cease and Desist order finds, “We have identified certain deficiencies and unsafe or unsound practices by MERS and MERSCORP that present financial, operational, compliance, leg
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