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- Washington's highest court rules MERS cannot foreclose on homeowners
2013-06-17 — washingtonpost.com
``It's all part of a legal process known as a "deficiency judgment," which is allowed in the District and 40 of 50 states, including Maryland and Virginia. Since the start of the mortgage meltdown of 2008, at least 400 Maryland homeowners have been pursued in court, according to a Washington Post analysis of state court data. In the first four months of this year, 57 new court actions have been filed against homeowners -- on pace to exceed last year's total of 120.''
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