Facts: A homeowner obtains a mortgage, executing a promissory note secured by a trust deed naming Mortgage Electronic Registration Systems (MERS) as the named beneficiary.
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Facts: A property owner defaulted on a loan secured by a trust deed. MERS, as beneficiary, instructed the trustee to foreclose.
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Facts: A homeowner took out a home loan, executing a promissory note secured by a trust deed naming Mortgage Electronic Registration Systems (MERS) as the named beneficiary. MERS substituted trustees and the owner later defaulted. The substituted trustee filed a notice of trustee’s sale and began to commence foreclosure
Read MoreThe highly contentious Mortgage Electronic Registration System (MERS) has made numerous courtroom appearances since its inception, the question for homeowners being: does MERS have the authority to initiate foreclosure?
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A homeowner’s home loan, recorded naming Mortgage Electronic Registration System, Inc. (MERS) as...
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A borrower’s home loan was bundled in a pool and sold on the secondary mortgage bond market. The...
Read MoreAn owner of real estate obtained a trust deed loan secured by the property. The trust deed named the beneficiary as the Mortgage Electronic Registry Systems, Inc. (MERS), a private agency which maintains an electronic database...
Read MoreMortgage servicing violations perpetrated by Bank of America, Wells Fargo, JPMorgan Chase and Citibank (collectively known as the Big Banks) and other smaller mortgage servicers have prompted the federal Office of the...
Read MoreMortgage Electronic Registry Systems, Inc. (MERS), a private company that electronically tracks the ownership of home loans within its own database records, is fighting with various counties nationwide to evade a hefty lawsuit....
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