Kentucky sues MERS!

As reported at Source of Title: “County attorneys for 14 of Kentucky’s 120 counties have jointly filed a class action suit against MERS and dozens of MERS shareholders, including title industry organizations such as ALTA, First American, and Stewart.  The lawsuit accuses MERS of negligent and/or willful violation of Kentucky recording laws, fraud, unjust enrichment,…

Louisiana Clerks of Court Sue MERS

In the continuing saga of fraud, racketeering and debauchery, the incorrigible MERS is once again in the news.  This time in the state of Louisiana.  Clerks of court in 30 of Louisiana’s 64 parishes have combined to file a lawsuit this week against 17 MERS member banks and financial institutions, alleging violations of federal racketeering…

CAARE Petition on RESPA

Our colleagues at the Consumer Advocates in American Real Estate (CAARE – www.caare.org) have developed an online petition seeking to extend RESPA’s statute of limitations to 6 years from 1 year.  Seeing that consumer rights advocates around the country agree that RESPA protections are under attack, we’d encourage our members to investigate the purpose of…