Good breakdown from Joe Esquivel from MCI of MERS and negotiable instruments vs. “transferable records”, as well as real property vs. personal property. Also he repeatedly and correctly points out that MERS doesn’t hold, record, or anything else–MERS only tracks. He touches on UCC 9 in an illuminating way, as well…
NEGOTIABLE INSTRUMENT VS. TRANSFERABLE RECORD
This entry was posted in Foreclosure and tagged Joe Esquivel, MCI, MERS, negotiable instrument, personal property, real property, transferable record. Bookmark the permalink.
LIBERTY ROAD MEDIA 