An April 23 Lane County Board of Commissioners meeting explored but did not go forward with the possibility of recovering lost filing fees from the Mortgage Electronic Registration Systems (MERS), a private company that tracks servicing rights and ownership of mortgage loans for big banks. Multnomah County is suing MERS and 18 co-defendants for $38 million, saying that it wreaked havoc on the public property records system and denied the county of required transaction fees.
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