Three federal courts have ruled in favor of Mortgage Electronic Registration Systems, Inc. (MERS), dismissing borrowers' suits to quiet title and affirming MERS' authority to assign the mortgage lien, according to an announcement from MERSCORP Holdings.
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Appellate Court Upholds District Court’s Ruling in Favor of MERS in Wrongful Foreclosure Claim
The Ninth Circuit Court of Appeals on Wednesday upheld a decision by a district court that dismissed a borrower's wrongful foreclosure claim against Mortgage Electronic Registration Systems, Inc. (MERS), according to an announcement from MERSCORP Holdings, Inc.
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