THE SOUTHERN – Union County sues for mortgage transparency
JONESBORO — Union County wants to make sure its citizens know who is holding their mortgages, and it has filed suit in state court to help bring that information to light.
In March, Union County State’s Attorney Tyler Edmonds and County Clerk Bobby Toler filed a class action complaint against a number of nationally recognized banks — including Wells Fargo, Citibank and Bank of America — and specifically against Mortgage Electronic Registration System. Inc, also known as MERS or Merscorp Inc.
