March 26, 2013
Kentucky Attorney General Sues MERS for Recording Fees
In Commonwealth of Kentucky v. MERS Holdings, Inc., L3-CI-00060 (Jan. 23, 2013), the Kentucky attorney general filed a lawsuit against MERS seeking recording fees, claiming that it wrongfully held itself out as mortgagee on recorded mortgages, deceptively failed to record mortgage assignments, deceptively brings foreclosure actions, and lacks standing to bring foreclosure actions.
This suit follows a lawsuit brought by several Kentucky counties against MERS an other bank defendants.
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