Mortgage Registry MERS Sued by Delaware Attorney General

``Merscorp Inc., the operator of a national mortgage registry used by banks, was sued by Delaware's attorney general for allegedly using deceptive practices that hide information from borrowers. The MERS database, which tracks ownership interests in mortgages, impeded the ability of homeowners to fight foreclosures and obscures its data, Delaware Attorney General Beau Biden said in a complaint filed today.''