Do You Have a MERS Mortgage? The subprime meltdown that contributed to the housing collapse has resulted in many people facing forclosure. The banks created an electronic recording system to allow them to easily buy and sell mortgages between themselves. The thing is, they never bothered to get the law change to make that legal! As a result, many people facing forclosure may be able to save their home. In fact, they may end up owning their home free and clear. This book outlines the step you need to take, step by step, to see if your home is one of those homes, and what you can do to stop the bank from taking it.