In a separate release, JPMorgan Chase announced that it is withdrawing from MERS in connection with legal challenges to foreclosures. We expect others to follow in an effort …
The court documents filed today also provide detailed new servicing standards that the mortgage servicers will be required to implement. These standards …
Homeowners around the country have gone to court to challenge the use of the Mortgage Electronic Registration Systems, Inc. ("MERS"), an electronic mortgage …
In this MERS Complaint by Homeowners, the 9th Circuit Opinion by Judge W. Fletcher Allows Quiet Title and Damages for Wrongful Filing of False Documents
Most revealing of the three failing pillars: MERS. Reuters' expose on Mortgage Electronic Registration Systems (MERS) is where the cracks in the continuing …
The discovery of robo-signing (see our entry for robo-signers below) by employees at major servicers — including GMAC, Bank of America, JPMorgan Chase …
Wendy Traxler has signed on behalf of MERS, Indymac, OneWest and guaranty bank. MERS has no employees, so there is the first misrepresentation, and …
In many of these foreclosures, the foreclosing entity was Mortgage Electronic Registrations Systems Inc. (MERS), which is not a lender: rather, it is a computer …
Whether assigning mortgages from MERS to a foreclosing institution, or "fixing" documentation problems that MERS helped create, it is clear that robo-signers, …
Perez v. Mortgage Electronic Registration Systems, Inc., No. 18-16584 (9th Cir. 2020) Plaintiffs filed two pre-foreclosure actions against MERS and the banks …