Posts tagged mortgage electronic registration systems.
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Sixth Circuit Denies County Clerks the Right to Sue MERS and its Member Institutions for Violations of Recording Statutes

The Sixth Circuit issued an opinion last week in Christian County Clerk v. Mortgage Electronic Registration Systems, Inc., et al., 2013 WL 565198 (6th Cir. Feb. 15, 2013), addressing whether the district court properly dismissed two Kentucky county clerks' complaint against MERS and fifteen financial institutions for violations of state recording statutes. The subject complaint alleged that the Defendants, by establishing and participating in the MERS system, violated Kentucky law by failing to record mortgage assignments and, more specifically, created MERS "to enable its ...

Posted in: Kentucky
Tags: christian county clerk, kentucky, mers, mortgage electronic registration systems
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