Will California become America’s first failed state? – Guardian UK
Still The Masters of the Universe – Satyajit Das
Housing Derivatives – Mike Konczal
Too many palatial homes, too few princely buyers – LA Land
MERS v. Kansas – Calculated Risk
So is this a nothingburger?
Sort of. MERS isn’t obscuring land titles in a way that will interfere with future transactions. If a mortgage is paid off, it should be released in the local public records. The odds that somebody screwed something up may go up a little or down a little, but a title company should be able to insure any subsequent sale.
