MERS

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MERS’ mortgage assignment authority upheld by three Federal Courts 

Sep 25, 2015By

MERS announced Friday that it secured victories in three separate Federal Courts, each of which upheld MERS’ mortgage assignment rights. In each case, the plaintiffs sued MERS and other financial companies to avoid foreclosure based on claims that MERS could not hold or assign a security instrument.

3d rendering of a row of luxury townhouses along a street

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