Relevant:
- Michigan Court Of Appeals Rules MERS Has No Authority To Foreclose
- MERS Concerns Extend to Commercial Real Estate
- Federal Court in Texas Deals a Potentially Serious Blow to MERS
- Fair Game - Mortgage Registry Muddles Foreclosures
- Foreclosures Called Into Question by MERS Ruling; Thousands of Cases Could Be Affected
2011-10-05 — bloomberg.com
"U.S. District Judge James A. Teilborg in Phoenix, where the cases have been centralized, dismissed the litigation in an order yesterday. Teilborg rejected the homeowners' claims that MERS is a "sham beneficiary" and that foreclosures based on MERS documents are invalid. The decision echoed a federal appeals court ruling last month that upheld an earlier holding of his."
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