Crap happens. That's the point of the courts; to enforce remedy. If you've ever dealt a little bit with funky titles, you'd know that having a central authorit

Crap happens. That's the point of the courts; to enforce remedy. If you've ever dealt a little bit with funky titles, you'd know that having a central authority managing all claims to title would be a big deal and massively improve life for property buyers. Title searches are not exhaustive. That is why title insurance exists. If MERS is a title registry and it also manages bundling of debts, I genuinely don't care. The issue isn't debt bundling, it was granting high risk mortgages and other high risk behavior.