REFinBlog

Editor: David Reiss
Cornell Law School

September 20, 2013

Northern District of California Rules That MERS Had the Authority to Appoint a Substitute Trustee

By Ebube Okoli

The United States District of the Northern District of California dismissed fraud claims brought by plaintiff against MERS in Labra v. Cal-Western Reconveyance Corp., No. C 09-02537 PJH (C.D. Cal. 2010). The court also denied the plaintiff’s request for injunctive … Continue reading

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September 20, 2013 in 2010 | Permalink | No Comments

September 19, 2013

Court Holds That California State Law Did Not Require Possession of the Note to Commence a Non-Judicial Foreclosure

By Ebube Okoli

The court in Chilton v. Federal National Mortgage Association, No. 1:09-cv-02187-OWW-SKO (2010), held that California state law did not necessitate possession of the promissory note in order to proceed with a non-judicial foreclosure. The court dismissed the plaintiff’s complaint, after … Continue reading

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September 19, 2013 in 2010 | Permalink | No Comments

September 17, 2013

United States District Court Rules That MERS Had The Power to Assign the Deed of Trust

By Ebube Okoli

The United States District Court of the Eastern District of California in deciding Coburn v. Bank of New York Mellon, N.A., 2:10-CV-03080 (2010) granted defendants’ motion to dismiss. The court also handed down the ruling that the plaintiff’s claim of … Continue reading

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September 17, 2013 in 2010 | Permalink | No Comments