The Island Packet-
A lawsuit filed by Beaufort County and four other counties against a nationwide mortgage database can proceed, a judge has ruled.
The counties are suing Mortgage Electronic Registration Systems and its member banks, alleging the system hides who owns loans. That constitutes fraud and undermines the county’s property-ownership records, which state law requires to list the exact owner of a property’s title, county attorney Josh Gruber has said.
The counties are represented by the Bluffton law firm of Vaux, Marscher & Berglind PA.
MERS had filed to dismiss the suit, but Judge R. Lawton McIntosh of the S.C. Business Court has denied the request.