... the largest financial swindle in world history", where "counterfeit" mortgages were "laundered" by the banks. The Mortgage Electronic Registration Systems - MERS - was one of the main ways the swindle was done, and the main way in which counterfeit ...
http://www.ritholtz.com/blog/2013/04/states-fight-back-against-mers-mortgage-fraud/
http://www.ritholtz.com/blog/2013/04/states-fight-back-against-mers-mortgage-fraud/
