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Changes Are Ahead for MERSCORP
The majority equity interest of MERSCORP, owner of the MERS System, a national electronic registry that tracks servicing rights changes, was acquired by Intercontinental Exchange.
Read More »MERS Wins Dismissal of Missouri Recording Fee Suit
A U.S. district judge in Missouri has dismissed a recording fee suit filed by officials in Jackson County against Mortgage Electronic Registration Systems, Inc. (MERS), on the grounds that the county "cannot enforce a nonexistent obligation." Missouri is the fifth state in which judges have granted MERS' motions to dismiss similar recording fee lawsuits.
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