You know MERSCORP is bound to lose big time in one of these cases.
Madison Record-
A hearing in a lawsuit over the recording of mortgages in St. Clair County is scheduled Nov. 19 in Associate Judge Vincent Lopinot’s courtroom.
Defendant MERScorp (Mortgage Electronic Recording System) filed a motion to stay proceedings Sept. 7, claiming the case should be stayed, pending results of an earlier-filed, similar federal court case, which has “substantially similar” claims and parties.
St. Clair County State’s Attorney Brendan Kelly’s office sued MERS and several major banks in May alleging they created a shadow mortgage recording system that effectively eliminates the ability to track the purchase and sale of properties through the traditional public records system.
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.
