Stop using MERS ya’ll!! Plain and Simple.

LAW 360-

Louisiana parishes and Texas counties have urged the U.S. Supreme Court to revive their Racketeer Influenced and Corrupt Organizations Act suits accusing banks of defrauding them, alleging in a filing made available Monday that they were injured by the banks’ use of Mortgage Electronic Registration System Inc., a database of residential mortgage servicer information, to avoid paying local recording fees.

The county and parish land recorders argued in a petition for a writ of certiorari filed June 2 that the Fifth Circuit erroneously held they didn’t…

[LAW 360]