Search for: "Mortgage Electronic Recording Systems (MERS)" Results 41 - 60 of 152
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13 Jul 2012, 10:00 am by Gordon Orloff
  He appealed, arguing that Mortgage Electronic Registration Systems, Inc. [read post]
13 Jul 2012, 1:00 am by Kevin LaCroix
  As detailed here, the plaintiffs alleged that the bank had misrepresented its reliance (and the reliance of Countrywide Mortgage, a company Bank of American purchased at the outset of the financial crisis) on the Mortgage Electronic Registration System (MERS), a computerized system for tracking mortgages that tried to eliminate the need for mortgage originators to physically record mortgages. [read post]
25 Jun 2012, 7:59 am
Federal National Mortgage Association (2012) 205 Cal.App.4th 1495, the California Court of Appeal joined other courts in rejecting the plaintiffs’ attempt to avoid their mortgage obligations on the grounds that Mortgage Electronic Registration Systems (MERS) is a sham. [read post]
29 Mar 2012, 9:07 am by Mandelman
Mortgage Electronic Registration Systems, et al and Selkowitz v. [read post]
7 Mar 2012, 8:43 am by Pierre Bergeron
  The MERS system has been attacked by some as a way of avoiding recording fees, and in a case that was just appealed to the Sixth Circuit, county recorders have sought to reclaim those funds, Christian County Clerk v Mortgage Electronic Registration Systems, Inc. [read post]
24 Feb 2012, 1:00 am
SPS filed a motion for relief from automatic stay and the debtor objected on the grounds that the Mortgage Electronic Registration System (MERS) could not establish that it held an enforceable right against the property as MERS had no valid and enforceable interest in the mortgage. [read post]
15 Feb 2012, 12:35 pm by Rich Vetstein
Banker and Tradesman is reporting that Bristol, Plymouth and Norfolk County Registrars of Deeds plan to file a class action suit against Mortgage Electronic Registration System (MERS), aiming to recoup land recording fees they believe they are owed. [read post]
10 Feb 2012, 5:15 am
New York Attorney General Eric Schneiderman brought suit against at least three of the nations biggest banks and Mortgage Electronic Registration Systems; Inc. [read post]
6 Feb 2012, 5:25 am
MERS, as it is better known, is an electronic system and a private company set up by major lenders in the 1990s to facilitate the buying and selling of mortgages among financial institutions. [read post]
3 Feb 2012, 12:29 pm by Keith Mullen
The suit, filed in New York state court,  describes the use of MERS as “an end run around the property recording system. [read post]
3 Feb 2012, 9:22 am by Big Tent Democrat
] [. . .] “The banks created the MERS system as an end-run around the property recording system, to facilitate the rapid securitization and sale of mortgages. [read post]
30 Jan 2012, 3:35 pm by Mandelman
Little known before the mortgage crisis hit, MERS, which stands for Mortgage Electronic Registration Systems, has been at the center of complaints about false or erroneous mortgage documents. [read post]
25 Jan 2012, 7:01 am
Mortgage Electronic Registration Systems hid these transactions and allowed houses to be bought and sold quickly while getting around local laws that govern recording these transactions. [read post]
24 Jan 2012, 7:00 am by Gordon Orloff
Federal National Mortgage Association (see our related posts here and here), a divided Supreme Court of Michigan has reversed a Court of Appeals decision that required Mortgage Electronic Registration Systems, Inc. [read post]
13 Jan 2012, 10:36 am by blacklobellolaw
MERS stands for Mortgage Electronic Registration System and, as a company, represents some of the most difficult issues Nevada must deal with as part of the mortgage crisis. [read post]
9 Jan 2012, 3:40 pm by Rich Vetstein
In a securitized mortgage pool, in which over 60% of all U.S. mortgage are part, the note and mortgage are separated between securitized trusts, mortgage services or Mortgage Electronic Registration System (MERS). [read post]
4 Jan 2012, 8:06 am
Because of their reliance on MERS, Mortgage Electronic Registration Systems, a network of real estate purchases and sales created by and monitored by banks, home sales haven't been well kept track of. [read post]
23 Dec 2011, 6:55 am by Donald Pinto
Aurora Loan Services, LLC (pdf), the plaintiffs tried to stop the foreclosure of their home by filing suit claiming that the defendant lacked authority to foreclose because (1) an assignment of the mortgage from Mortgage Electronic Registration Systems, Inc. [read post]