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Tag: MERS

Washington State Supreme Court: MERS May Not Foreclose Unless They Hold the Note

Posted on August 16, 2012August 16, 2012 by The Tim

Jillayne pointed me toward an interesting Washington State Supreme Court ruling that was just filed today. It seems that according to the Supreme Court, Mortgage Electronic Registration System Inc. (MERS)—the popular service used by many banks to consolodate their mortgage filings—doesn’t have the standing to proceed with foreclosures in Washington unless they actually hold the…

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