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Fifth Circuit affirms MERS’ standing in foreclosure case
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Court Report
Monday, October 19, 2015
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After defaulting on their mortgage loan, a Texas couple sought to enjoin Bank of New York Mellon from foreclosing, claiming that the assignment of the deed of trust was void. They also brought a false-lien claim against the bank and Mortgage Electronic Registration Systems. Read on to find out why the 5th U.S. Circuit Court of Appeals affirmed the district court’s dismissal of the case.
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