Tag Archives: MERS

In Rhode Island, a superior court dismissed an attempt to invalidate a foreclosure conducted by OneWest Bank, MERSCORP Holdings, Inc. announced in a release.

Merscorp Holdings, Inc. announced it received another favorable ruling in a recording fee suit. The town of Johnston in Rhode Island brought suit against Merscorp, Mortgage Electronic Registration System (MERS), and other defendants, which included large banks and servicers, alleging the MERS system used for mortgages and mortgage assignments violated state law.

ServiceLink, an end-to-end origination, servicing and default solutions provider for mortgage lenders and servicers, introduced a program to monitor and manage data from the Mortgage Electronic Registration Systems (MERS).

The Oregon Supreme Court ruled Thursday that Mortgage Electronic Registration Systems, Inc. can commit certain actions on behalf of a lender when granted the authority to do so. The landmark ruling also allows for non-judicial foreclosures in the state. The court released these decisions in its final rulings in Niday v GMAC Mortgage, LLC and Brandrup v Recontrust Company, N.A.

A federal judge of the U.S. District Court for the Eastern District of Washington ruled in favor of Mortgage Electronic Registration Systems, Inc. (MERS) and other defendants, MERSCORP Holdings, Inc. announced.

The Alabama Supreme Court affirmed a lower court ruling that upheld Fannie Mae's ejectment action judgment against defaulting borrowers whose homes were lost to foreclosure, MERSCORP Holdings, Inc. announced in a release.

An Oklahoma State District judge dismissed a class action recording fee suit filed on behalf of Cleveland County and ruled in favor of MERSCORP Holdings, Inc. The Cleveland County Board of County Commissioners filed the suit, which asked for defendants to record mortgage assignments (both past and present) and pay associated fees.

The Idaho Supreme Court dismissed a plaintiff’s wrongful foreclosure complaint against Mortgage Electronic Registration Systems, Inc. (MERS) and defendants, affirming a district court ruling. The plaintiff in Edwards v. MERS et. al brought action against the defendants to stop a non-judicial foreclosure and argued MERS, the named beneficiary, could not legally act as the beneficiary.

A Rhode Island Supreme Court ruling determined Mortgage Electronic Registration Systems, Inc. (MERS), as mortgagee, had the authority to proceed with a foreclosure on behalf of another entity, MERS announced in a release.

A Minnesota attorney who continues to stall foreclosures using the show-me-the-note argument was met with rejection again, MERSCORP Holdings, Inc. (MERS) announced. Judges Raymond W. Gruender, Bobby E. Sheppard, and Roger L. Wollman of the U.S. Court of Appeals for the Eighth Circuit ruled in favor of MERS and other defendants in the cases Jerde v. JPMorgan Chase Bank N.A. and Dunbar v. Wells Fargo Bank N.A., and dismissed repeated arguments from attorney William Butler of Butler Liberty Law, LLC.