Meanwhile back in the same Delaware, MERS just settled a potential class action lawsuit!
WDEL 1150am-
A company that registers mortgages electronically is asking a judge to dismiss a lawsuit filed by the Delaware attorney general’s office accusing it of deceptive trade practices.
State officials sued Virginia-based Mortgage Electronic Registration Systems Inc. last fall, claiming it has sown confusion among consumers, investors and other stakeholders in the mortgage finance system.