Court Ruling Upholds Foreclosure Sale Despite MERS’ Appeal

Skip to comments. LANDMARK DECISION PROMISES MASSIVE RELIEF FOR HOMEOWNERS AND TROUBLE FOR BANKS WebofDebt ^ | Sep 19, 2009 | Ellen Brown Posted on 09/22/2009 12:16:57 PM PDT by djf. A landmark ruling in a recent Kansas Supreme Court case may have given millions of distressed homeowners the legal wedge they need to avoid foreclosure.

. 13,000 foreclosure actions against New york homeowners listing itself as the plaintiff, but in many instances, MERS lacked the legal authority to foreclose and did not own or hold the promissory.

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The owner sued, claiming that whomever owned the loan did not authorize MERS to commence with the foreclosure. The defendants argued that the deed of trust authorized MERS to exercise the power of sale and institute foreclosure proceedings. The court of appeals upheld the right of MERS, as nominee, to conduct a non-judicial foreclosure. It.

U.S. court upholds dismissal of MERSCORP foreclosure suit. The United States Court of Appeals for the Ninth Circuit affirmed a Washington federal court’s ruling that dismissed the plaintiffs’ washington consumer protection act claims along with other claims alleged in a wrongful foreclosure complaint against MERSCORP Holdings and its co-defendants.

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Homeowners struggling to avoid foreclosure got some good news today. U.S. District Judge Kent Dawson upheld a bankruptcy court ruling that makes it harder. Electronic Registration Systems Inc., or.

Court Ruling Upholds Foreclosure Sale Despite MERS’ Appeal 1 in 5 mortgages drowning Scalable subservicing technology fuels LoanCare’s growth She then restructured the company’s internal technologies to achieve virtually unlimited scalability to support its growth. Creech also spearheaded the development of the company’s new commercial.

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New York Court’s Ruling in Foreclosure Case Upholds Use of MERS. the New York State Court of Appeals. But the local court’s ruling could also be ammunition for any future attempts by MERS advocates to challenge a recent federal judge’s ruling that MERS, which is operated out of Reston, Va.

Law360, Washington (January 27, 2014, 6:25 PM EST) — The Fourth Circuit on Monday upheld decisions. in the decision that he would consult with the counties to consider whether to appeal the.

An unpublished opinion of the North Carolina Court of Appeals does not constitute controlling legal authority. citation is disfavored, but may be permitted in accordance with the provisions of Rule 30(e)(3) of the North Carolina Rules of Appellate Procedure.