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North Carolina court addresses MERS’ rights
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Court Report
Monday, May 23, 2016
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A case brought by a couple whose house was foreclosed upon challenged the right of the Mortgage Electronic Registration Systems to assign its note and deed of trust. In its discussion of the case, a North Carolina district court directly addressed whether MERS had the ability to assign notes and deeds of trust in the state. Read on to see what the court said.
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