Search for: "Mortgage Electronic Registration Systems (MERS)" Results 141 - 160 of 218
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14 Jun 2011, 7:17 am by Richard Alderman
In an opinion with possible far reaching consequences, a New York appellate court has held that a party does not have standing to commence a foreclosure action when that party's assignor, in this case, Mortgage Electronic Registration Systems, Inc. [read post]
13 Jun 2011, 5:10 pm by Peter Moulinos
The Appellate Division, Second Department, ruled that a note or mortgage held by MERS (Mortgage Electronic Registration Systems) cannot be foreclosed if the primary lender did not transfer the note and mortgage to MERS. [read post]
13 Jun 2011, 9:38 am by Richard Montes
Silverberg, addressed whether a party has standing to commence a foreclosure action when that party's assignor, Mortgage Electronic Registration Systems, Inc. [read post]
6 Jun 2011, 10:56 am
In Ferguson, the plaintiffs attempted to avoid the tender rule by arguing it did not apply because neither the company that foreclosed, Avelo Mortgage, nor its predecessor, Mortgage Electronic Registration Systems (MERS), owned the original note for the property. [read post]
20 May 2011, 2:39 pm
The two service providers are Lender Processing Services (LPS) and its subsidiaries DocX, LLC, and LPD Default Solutions, Inc.; and MERSCORP and its wholly owned subsidiary, Mortgage Electronic Registration Systems, Inc. [read post]
5 May 2011, 9:34 pm by Glenn Matecun
  The Court held that foreclosures by advertisement started by the Michigan Electronic Registration System (MERS) are against the law. [read post]
5 May 2011, 8:16 pm
The propriety of the banks action A recent California bankruptcy court decision may invalidate the Mortgage Electronic Registration Systems (MERS) process in nonjudicial states. [read post]
3 May 2011, 9:28 am by Steve Harms
This is hot and important news for debtors and creditors who have mortgages expedited (how ironic) through MERS (Mortgage Electronic Registration Systems, Inc.) in Michigan. [read post]
27 Apr 2011, 6:30 am by Carolyn Moskowitz
A recent Monitor article highlighted the massive legal problems created by banks’ use of MERS, the Mortgage Electronic Registration Systems. [read post]
25 Apr 2011, 7:07 am
Our Moreno Valley foreclosure defense attorneys have written here before about the Mortgage Electronic Registration Systems, the huge national database that large banks have created to keep track of loan ownership among themselves. [read post]
23 Apr 2011, 6:19 am by Timothy P. Flynn
  MERS [you know, the Mortgage Electronic Registration System] has been getting drawn deeply into the nationwide mortgage meltdown.The Michigan Court of Appeals recently handed MERS some more bad news here in Michigan: they cannot foreclose by advertisement because the COA ruled they do not hold an interest in the indebtedness under the applicable Michigan statute.In the 2-1 decision in Residential Funding Corp v Saurman,… [read post]
22 Apr 2011, 1:40 pm by Sarah Lindsey
Saurman, the Michigan Court of Appeals held, in an opinion authored by Judge Shapiro, that Mortgage Electronic Registration System (MERS) did not have authority under MCL 600.3204(1)(d) to foreclose by advertisement because it did not own an interest in the indebtedness secured by the mortgage. [read post]
19 Apr 2011, 12:41 pm by Mandelman
The Office of the Comptroller of the Currency (“OCC”), the Office of Thrift Supervision (“OTS”), and the Federal Reserve have apparently concluded their investigations into the mortgage servicer and supporting firm practices… including allegations of “robo-signing”, and have announced formal enforcement actions against fourteen servicers and two related servicer providers, Lender Processing Services (“LPS”), and the Mortgage… [read post]
15 Apr 2011, 7:50 pm
Mortgage Electronic Registration Systems Inc., or MERS, of Reston, Va., and Lender Processing Services Inc. of Jacksonville, Fla. [read post]
4 Apr 2011, 2:21 pm
Freddie Mac will no longer allow loan servicers that are managing Freddie loans to foreclose on a piece of property in the name of Mortgage Electronic Registration Systems, Inc. [read post]
12 Mar 2011, 7:39 am by Timothy P. Flynn, Esq.
”In 2010, the Arkansas Supreme Court ruled that MERS (Mortgage Electronic Registration Systems) Corporation was prohibited from filing foreclosures in that state.A federal bankruptcy judge in Long Island ruled just last week that MERS could not act as the “agent” of the mortgage note owner. [read post]
8 Mar 2011, 6:20 am by Timothy P. Flynn
”In 2010, the Arkansas Supreme Court ruled that MERS (Mortgage Electronic Registration Systems) Corporation was prohibited from filing foreclosures in that state.A federal bankruptcy judge in Long Island ruled just last week that MERS could not act as the “agent” of the mortgage note owner. [read post]
7 Mar 2011, 8:24 am by Donald Pinto
One of many issues swirling in the miasma of the foreclosure crisis has been whether Mortgage Electronic Registration Systems, Inc. [read post]