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Tag Archives: MERS

MERS Wins Rhode Island Recording Fee Suit

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.

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Oregon Court Supports Non-judicial Foreclosures in Ruling

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.

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Oklahoma Judge Dismisses Recording Fee Suit

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.

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Idaho Supreme Court Affirms MERS’ Role as Beneficiary

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.

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Minnesota Court Rejects ‘Show Me the Note’ Argument Again

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.

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