'How can a house be foreclosed if the mortgage holder can't be proved in court? How can you sell your house if there is a legal question about the title?
Multiply that problem several million times across the country, and you can see why the mortgage system is in such a mess.
That's the heart of Beau Biden's lawsuit against the Mortgage Electronic Registration System, or MERS, as it is known.
Biden claims in a Chancery Court suit Thursday that MERS has been systematically deceiving Delawareans.'
http://www.delawareonline.com/article/20111028/OPINION18/110280319/Lawsuit-attacks-cumbersome-confusing-mortgage-registry?odyssey=mod|newswell|text|Opinion|p