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Real Estate & Property Law

: The Home Equity Theft Reporter

MERS Jammed In Attempt To Foreclose In 27 Cases; Not A Real Party In Interest, Lacked Standing, Failed To Produce Note, Says Nevada Bankruptcy Judge

By r morris

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In Las Vegas, Nevada, Las Vegas Business Press reports:A Las Vegas bankruptcy judge has dealt a blow to an obscure but critical piece of the mortgage enforcement machinery that could slow foreclosures. After a rare hearing in front of three judges last year that initially encompassed 27 cases, U.S. Bankruptcy Court Judge Linda Riegle has ruled that the Mortgage Electronic Registration System (

Full post as published by The Home Equity Theft Reporter on May 19, 2009 (boomark / email).

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