The Appeals Court of Massachusetts became the latest court to uphold the validity of the assignment of a mortgage by Mortgage Electronic Registration System (MERS) on Friday, according to an announcement from MERSCORP Holdings, parent company of MERS.
Read More »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.
Read More »MERS Wins Victory in Illinois Court Over Authority to Act as Mortgagee
An Illinois court ruled on Tuesday that mortgages naming Mortgage Electronic Registration Systems, Inc. (MERS) as the mortgagee are valid and enforceable, according to an announcement from MERSCORP Holdings, Inc.
Read More »Delaware Court Rules in MERS’ Favor Over Assignment of Mortgage
MERSCORP Holdings gained yet another legal victory earlier this week, this time in Delaware. In a suit brought about by a disgruntled mortgagor over whether or not MERS had the authority to assign a mortgage, a Delaware court ruled in MERS' favor.
Read More »Massachusetts Court Affirms MERS Ability to Assign Title
Massachusetts became the latest state to award victory to MERSCORP Holdings, Inc., in a series of lawsuits challenging MERS' authority to assign titles. MERS announced on August 12 that the Commonwealth of Massachusetts Superior Court issued a ruling in Gardner v. Mortgage Electronic Registration System, Inc., that MERS could act as the mortgagee even though it is not the holder of the note
Read More »Rhode Island Affirms MERS Right to Assign
The Supreme Court of Rhode Island continued the recent trend nationwide of affirming the legitimacy of Mortgage Electronic Information Systems’ (MERS) role as mortgagee, including its authority to assign a mortgage.
Read More »Federal Appeals Court Affirms Ruling for MERSCORP
MERSCORP Holdings announced Tuesday the Seventh Circuit of Appeals rendered a favorable decision in a Macon County recording fee case. The court affirmed the dismissal of the lawsuit by the district court, providing another legal win for MERSCORP.
Read More »LoanLogics Unveils MERS Monitoring and Review Service
LoanLogics, a provider of loan quality management and performance analytics, announced the unveiling of its MERS Independent Third Party Performance Monitoring and Annual Review service. The specialty audit practice reviews and tests MERS controls and processes so servicers can ensure they are compliant with MERS regulations and avoid scrutiny.
Read More »Federal Court in North Carolina Dismisses ‘Fraud by Use of MERS’ Case
Merscorp Holdings, Inc. announced Thursday that the U.S. District Court for the Eastern District of North Carolina ruled in favor of Mortgage Electronic Registration Systems, Inc. (MERS), JPMorgan Chase, and other MERS members in a recent case in which the plaintiff claimed the hidden purpose of MERS was to defraud borrowers and court clerks by hiding the true owners of secured interests in property.
Read More »Minnesota Court Rules in Favor of MERSCORP in Recording Suit
MERSCORP Holdings, Inc. announced another favorable ruling in a recording lawsuit from two Minnesota Counties. The U.S. District Court in Minnesota dismissed claims from Ramsey and Hennepin Counties alleging MERSCORP violated Minnesota law by not recording mortgage assignments with county recorders.
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