Bloomberg-
Bank of America Corp. (BAC:US) and Mortgage Electronic Registration Systems Inc. persuaded a federal judge to dismiss most of a lawsuit claiming they shortchanged Texas counties out of uncollected mortgage filing fees.
U.S. District Judge Reed O’Connor in Dallas threw out claims of fraudulent misrepresentation, unjust enrichment and conspiracy in a lawsuit brought by Dallas County. O’Connor didn’t rule on a final claim, whether mortgage assignments must be recorded.
The judge had previously rejected other claims and the county’s request to pursue a class action, or group suit, against MERS and the bank. O’Connor said he would set a separate briefing schedule for the final claim.