The MERS controversy is at the core of the foreclosure mess and it's getting nearly zero coverage. Why? Because it's very complicated and can't be explained in two or three minute news bites. There are two articles on John Mauldin's blog that everyone should not just read but STUDY. The url's are posted here.
The first is:
http://www.johnmauldin.com/frontlinethoughts/the-subprime-debacle-act-2-mwo101510
And the second is:
http://www.johnmauldin.com/frontlinethoughts/the-subprime-debacle-act-2-part-2-mwo102310
READ AND BE INFORMED!
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