MERS wins big once more in Federal Court of Appeals

Petition for Allowance of Appeal is Granted in Second Case Against MERSCORP, Inc. The Pennsylvania Supreme Court granted allocatur in a case against MERSCORP, Inc. The Law Center has filed three amicus briefs since becoming involved in litigation against the MERS system by local governments in Pennsylvania in 2011.

Court rules that MERS meets definition of beneficiary MERS, once blamed for the entire housing crash, is now being affirmed by judges – could more courts and more states rule in favor of MERS as.

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The district court dismissed, finding no duty to record a mortgage assignment under Minnesota law. The Eighth Circuit affirmed that the recording statute is not mandatory and declined to certify the question to the Minnesota Supreme Court. Read more. —–

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Later in the month, MERS secured another win from the same court, when the United States Sixth Circuit Court of Appeals issued a ruling that upheld a dismissal by the United States District Court.

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MERS Loses Major Case in Pennsylvania. One of the big reasons that MERS has taken comparatively few losses in court is that it has often settled cases where it looked like it might lose. Today, we’ll deal with the higher-profile one, that of a filing by the Montgomery County recorder in Pennsylvania, Nancy Becker,

"The court recognizes that an adverse ruling regarding MERS’s authority to assign mortgages or act on behalf of its member/lenders could have a significant impact on MERS and upon the lenders which do business with MERS throughout the United States. However the court must resolve the instant matter by applying the laws as they exist today.

MERS wins big once more in Federal Court of Appeals. Three Missouri men charged with defrauding TARP Bank .

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