California bankruptcy court rules against MERS

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Bankruptcy Judge rules against MERS but the decision was overturned. "Aside from the inappropriate reliance upon the statutory definition of "mortgagee," MERS’s position that it can be both the mortgagee and an agent of the mortgagee is absurd, at best. – Judge Grossman, Federal Bankruptpcy Court The Court recognizes that an adverse ruling regarding MERS’s authority to assign mortgages or act on behalf of its [.]

foreclosure fraud  pt 1- read update info Fontenot case from California Court of Appeals validates MERS role in the foreclosure process and makes it tougher to challenge wrongful foreclosure Uncategorized jan 23 feb 15 admin Well we have been talking aboutwrongful foreclosure, the role of MERS and irregularities in the foreclosure process for years now.

There have been numerous court rulings against MERS — including decisions made by state supreme courts. What is significant about the US Bankruptcy Court of New York’s ruling is that the judge specifically set out to examine the legality of MERS’s business model. As the judge

On May 20, 2010, the Bankruptcy Court for the Eastern District of California followed several other courts in striking claims by lenders who are unable to prove that they are the actual holders or owners of the promissory note. Similar to the Kansas decision of Landmark National Bank v. Kesler, the walker court held that because Mortgage Electronic Registration System (MERS) claims no interest.

Faced with potentially ruinous lawsuits over California’s recent wildfires. Riddle attended the first court hearing on PG&E’s bankruptcy Tuesday. Judge Dennis Montali did not rule on any requests.

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Licensed for 33 years, Jana Stuart Ellerman is a Wills and Trusts lawyer in Cameron Park California who attended Loyola Law School – Loyola Marymount University

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The 2nd Circuit Court of Appeals delivered a setback Wednesday to ongoing attempts by Stan Lee Media. out of bankruptcy, hoping that the latest appellate decision opens the door for the company to.

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