August 25, 2013

Illinois Federal Appellate Court Rules That MERS Had Sufficient Authority to Commence Foreclosure Proceeding in its Capacity as an Agent

By Ebube Okoli

The federal appellate court in MERS v. Estrella, 390 F.3d 522 [7th Cir. 2004] ruled that MERS had a sufficient authority to commence a foreclosure proceeding, in its capacity as an agent on behalf of its principal. http://absoluterentals.com/absolutegov/ At issue … Continue reading

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August 25, 2013 in 2004 | Permalink | No Comments

August 22, 2013

Arkansas Court Holds That MERS Had Standing to Seek Relief for its Writ of Assistance

By Ebube Okoli

The court in Mortgage Electronic Registration Systems, Inc. v. Stephanie Gabler, et al., (Circuit Court of Garland County # 2004-17-II) held that “MERS has standing to seek relief for its Writ of Assistance and is the proper party to foreclose … Continue reading

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August 22, 2013 in 2004 | Permalink | No Comments

August 20, 2013

Court Rules MERS is Not Required to Register With the Secretary of State Because Enforcing Deeds of Trust Does Not Qualify as “Doing Business” in California

By Ebube Okoli

The court in Sulak v. Mortgage Electronic Registration Systems, Inc., et al., DCA No. E039775, (2004) found that the lower court properly denied the preliminary injunction and that the orders denying the TRO were proper. instant money In this case, the … Continue reading

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August 20, 2013 in 2004 | Permalink | No Comments

March 2, 2013

Circuit Court of Arkansas Holds that MERS has Standing to Foreclose because Ownership of Note is not Required to have Standing

By Gloria Liu

In MERS, Inc. v. Stephanie Gabler, et al., (Circuit Court of Garland County # 2004-17-II), the court held MERS had standing to seek relief for its Writ of Assistance and is proper party to foreclose the mortgage because it was … Continue reading

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March 2, 2013 in 2004 | Permalink | No Comments