Reagan Appointed Federal Judge Upholds MERS Tax Dodging Scheme In Michigan

Reagan Appointed Federal Judge Upholds MERS Tax Dodging Scheme In Michigan On Friday, Judge Robert Holmes Bell dismissed Ingham County Register of Deeds Curtis Hertel’s lawsuit seeking unpaid Michigan Real Estate Transfer Taxes on property being transferred in and out of Fannie Mae, Freddie Mac with the use of the MERS database system. Holmes ruled […]

Iowa Judge Dismisses MERS Recordation Lawsuit

Nick Hytrek, Sioux City Journal A federal judge has dismissed a class-action lawsuit that claimed a national electronic mortgage registry company was enabling banks to avoid paying Iowa mortgage registration fees. U.S. District Judge Mark W. Bennett said in his ruling, filed Tuesday, that Iowa law does not support the claims raised by Plymouth County […]

Michigan Supremes Rule MERS Can Foreclose, Will Create A Nightmare For Foreclosure Mills

Say MERS Has Same Rights As Servicer   Steve Dibert, MFI-Miami The Michigan Supreme Court by a vote of 4-3 overturned a decision by the Michigan Court of Appeals in Residential Funding v. Saurman.  In April, the Court of Appeals ruled that MERS lacked the legal authority to foreclose on a home because the lacked […]

Finally A MERS Lawsuit With Some Cojones

Ingham County Sues MERS For Unpaid Real Estate Transfer Taxes Steve Dibert, MFI-Miami, I’ve been contemplating for the past week about how I was going to start this article when I finally realized the best way to start it was to write: “Contrary to popular belief, MERS is not an illegal entity.”   Now before […]

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