REFinBlog

Editor: David Reiss
Brooklyn Law School

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

February 9, 2013

Arkansas Supreme Court Holds that MERS is Not a Necessary Party in Foreclosure Proceedings

By Gloria Liu

In MERS, Inc. v. Southwest Homes of Arkansas, 301 S.W.3d 1 (AK S. Ct, 2009), the Supreme Court held that MERS was not a real party in interest and need not be named or served in a foreclosure action by … Continue reading

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February 9, 2013 in Arkansas | Permalink | No Comments

February 8, 2013

Arkansas District Court Dismisses Recording Fee Case

By Gloria Liu

In Brown v. Mers, No. 11-cv-06070 (W.D. Ark., 2012), the Arkansas District Judge dismissed a recording-fee lawsuit filed against MERS and held that state laws do not require mortgage assignments to be recorded. The case had transformed into a class … Continue reading

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February 8, 2013 in Arkansas | Permalink | No Comments