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The New York Court of Appeals in MERSCORP, Inc. v Romaine (8 NY3d 90 ), explained how MERS acts as the agent of mortgagees, holding at 96: In 1993, the MERS system was created by several large. participants in the real estate mortgage industry to track ownership. interests in residential mortgages. mortgage lenders and other entities,
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Author Maven Posted on October 3, 2015 Categories case history, court opinions, foreclosure, mortgage attack, mortgage fraud, Winning strategy 1 comment on Florida 1st district affirms 0k Punitive Damage Award in Pate v BOA IF the servicer’s home preservation company steals your stuff.
Truth-in-lending 1 and other federal and state consumer protection statutes are a fertile ground for debtors’ counsel seeking defenses or offsets to claims. A substantial body of case law has developed, much from the Eastern District of Pennsylvania, demonstrating that defects in disclosures and errors in reporting or collecting may entitle a Chapter 13 debtor to rescission, statutory.
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The Home Equity Theft Reporter: Florida Appeals Court Revisits Earlier Ruling Dealing With Two Lenders Simultaneously Foreclosing The Same Mortgage In Separate Legal Actions A second version, issued two months later, fared little better, although the Supreme Court allowed part of it go into effect last June when it agreed to hear the Trump.