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Case against MERS hinges on duty to record
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Court Report
Monday, January 21, 2013
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A Missouri county sued Mortgage Electronic Registration Systems Inc. and others for its failure to record assignments of deeds and pay the applicable recording fees. MERS moved to dismiss the case, arguing that Missouri recording statutes create duty to record assignments of deeds. The U.S. District Court for the Western District of Missouri’s opinion ultimately hinged on whether this argument was true. Read on for details.
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