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New York Court Rules MERS has Authority to Assign Mortgage to Lender

Jan 9, 2014   //   by   //   Mortgage News Daily  //  Comments Off on New York Court Rules MERS has Authority to Assign Mortgage to Lender

By Around the Web Supreme Court for Putnam County Dismisses Quiet Title Action Against MERS FOR IMMEDIATE RELEASE CONTACT: Janis Smith Phone: 703-738-0230 Email: [email protected] Reston, Virginia, January X, 2014 – MERSCORP Holdings, Inc. today announced the Supreme Court for Putnam County in New York State granted  summary judgment in favor of MERS, ruling that MERS properly assigned the mortgage to the lender.  In Vaughn v. HSBC Mortgage Corp. ., et al, the borrowers alleged in part that MERS did not possess the authority to assign the subject mortgage to the lender because MERS never……(read more)

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