I think with the blanket manner in which MERS has been operating is going to come to quick close. When the lenders no longer have to serve public notice, what else did people think would happen?

This begs to question how exactly do people in India follow the broken chain? I remember Cook County some years ago was 6 months back on their filings. Do you know how many times a mortgage security is bought and sold in 6 months? The assignment tracking of MERS is fine I suppose, but this blanket nominee capacity is pure horse puckey.