Case against MERS reaches Supreme Court

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 Supreme Court's Landmark Rulings Washington Supreme Court Issues MERS Smackdown. The fact that MERS claims to be a beneficiary, when under a plain reading of the statute it was not, presumptively meets the deception element of a CPA action.

This is a request that the Supreme Court order a lower court to send up the record of the case for review. The Court usually is not under any obligation to hear these cases, and it usually only does so if the case could have national significance, might harmonize conflicting decisions in the federal Circuit courts, and/or could have.

Feds should do more to help underwater borrowers: Moody’s National mortgage settlement provides $45 billion in homeowner relief Georgia reaches 0 million joint state-federal mortgage. –  · attorney general sam olens today announced a $550 million joint state-federal settlement with mortgage lender and servicer SunTrust Mortgage Inc. to address mortgage origination, servicing, and foreclosure problems.The three-year settlement provides direct payments to Georgia borrowers for past foreclosure problems, loan modifications and other relief for borrowers in need of assistance,This is a government-supported program to help underwater borrowers refinance. As we’ve written about in the past , this is a potentially valuable way to take advantage of lower interest rates for eligible borrowers who meet the requirements, which include having a loan-to-value (LTV) on a home greater than 80%, and staying current on mortgage payments.

Case against MERS reaches Supreme Court HousingWire A controversial case challenging the ability of Mortgage Electronic Registration Systems to foreclose on a California man was filed with the Supreme Court Monday, making it the first major MERS case to reach the nation’s highest court.

The MERS process circumvents the statutory system, and therefore MERS is arguably illegal in every state. Perhaps not all state supreme courts will rule this same way; but many will, if cases reach that level. The case does closely resemble one that was decided by the Kansas state supreme court.

The Case against the Supreme Court By Erwin Chemerinsky "A constitution is society’s attempt to tie its own hands, to limit its ability to fall prey to weaknesses that might harm or un d e rm ic h sval . H to y teaches that the passions of the moment ca nu s ep ol tr if v h most basic principles of liberty and jus – tice.

Michigan: Court of Appeals Rules Against MERS by Robert J. Kinggo III Trott & Trott, P.C. – USFN Member (MI) Last month, the Michigan Court of Appeals, in a consolidated case, ruled that MERS cannot foreclose mortgages under Michigan’s foreclosure by advertisement statute, MCL 600.3201, et seq. Residential Funding Co., LLC v.

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