On Tuesday, February 28, Attorney General Andy Beshear announced a multi-million dollar settlement with a national mortgage recording company that will provide Kentucky homeowners with some of the best protections in the country. The settlement resolves claims against MERSCORP Holdings Inc. over allegations the company named itself as the mortgagee in public land records, hiding the identity of the big banks who were the actual owners of the mortgages, while also failing to monitor the conduct of those banks. The settlement will result in Beshear returning $2.8 million to the state’s General Fund, which he recommends be used to support affordable housing, legal aid foreclosure work, and help the budgets of local county clerks.