By Kathleen E. Kraft
On March 19, 2009, the Supreme Court of Arkansas determined that Mortgage Electronic Registration System, Inc. (“MERS”) was not a necessary party to a foreclosure action involving the foreclosure of a junior mortgage, where MERS was not the true beneficiary of the senior deed of trust nor was specifically authorized by the lender to act on the lender’s behalf in the foreclosure proceedings.
Continue reading Another Nail in the MERS Coffin:
BY Robert Doggett
MERS is a straw man to the Kansas high court. MERS does not own anything, and therefore does not have an enforceable right. It is not entitled to notice says the court.
