Monday, July 02, 2007

Mortgage Servicer "Has Standing" To Bring Foreclosure Actions, Say Three Courts

The national mortgage servicer Mortgage Electronic Registration Systems, Inc. ("MERS") has recently been determined to "have standing" to bring foreclosure actions on behalf of mortgage lenders by three state appellate courts in two states. For the longer version of this post, see Mortgage Servicer "Has Standing" To Bring Foreclosure Actions, Say Three Courts (The Home Equity Theft Reporter Cases & Articles).