Tagged: Brendan Kelly

Mortgage sales
1:12 pm
Mon May 21, 2012

Banks face suit over failure to record mortgage sales

Credit (via Flickr/TheTruthAbout)

The St. Clair County state’s attorney has filed suit against 22 banks for allegedly failing to record the sale of mortgages with the county.

Brendan Kelly alleges in the suit filed today that banks conspired to document those sales on a private network known as MERS, rather than at the county recorder's office in Belleville.

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