August 25, 2013
Georgia Court Authoritatively Recognizes MERS’ Right to Foreclose
The court in American Equity Mortgage, Inc. and Mortgage Electronic Registration Systems, Inc. v. Chattahoochee National Bank, # 05-cv-1951 (Forsyth Cty. Sup. Ct., Dec. 29. 2005) authoritatively recognized the right of MERS to foreclose. This case involved an action to … Continue reading
August 25, 2013 in 2005 | Permalink | No Comments
March 12, 2013
Florida Circuit Court Holds that MERS has No Standing if it Never Held the Mortgage Note
In MERS, Inc. v. Cabrera, (11th Cir. Sept. 16, 2005), the court held that MERS’s allegations that it “owned”, “held” and “possessed” the mortgage notes are clearly, palpably and inherently false because it never held the Note in its physical … Continue reading
March 12, 2013 in 2005 | Permalink | No Comments
February 8, 2013
Nebraska Supreme Court Holds that MERS is Not a Mortgage Broker
In MERS, Inc. v. Nebraska Dept. of Banking & Fin, 704 N.W.2d 784 (NE S. Ct. 2005), the Supreme Court held that MERS was not a mortgage broker under the Mortgage Bankers Registration and Licensing Act. The court agreed with … Continue reading
February 8, 2013 in 2005 | Permalink | No Comments