Law360, Philadelphia (April 22, 2014, 7:02 PM ET) — A Pennsylvania federal judge on Monday upheld the constitutionality of a statute requiring the registration of deeds, in a ruling that keeps alive a class action brought by Pennsylvania counties alleging that Mortgage Electronic Registration Systems Inc. violated the law.
U.S. District Judge J. Curtis Joyner ruled in favor of the counties’ deed recorders, rejecting MERS’ claims that the state law that obligates it to record all mortgage assignments with county deed offices and to pay the attendant recording fees was too vague.
Justice League Site Meter
Justice League Task Force
- MERS Can't Kill Pa. Deed Recorders' Class Action law360.com/banking/articl… 8 hours ago
- Family's foreclosure fight could bring changes in law: wivb.com/2014/04/22/fam… 8 hours ago
- IRS gave bonuses to employees who didn't pay their taxes fw.to/mX6C14B 14 hours ago
- Citigroup Shareholders Approve Leaders' Pay -- 4th Update $C 4-traders.com/CITIGROUP-INC-… via @ForTraders 17 hours ago
- Grandmother evicted from HUD home for cigarettes cin.ci/1lr2sIZ via @enquirer 17 hours ago
Justice League Tag CloudAIG Bank of America bankruptcy Bankruptcy Court Banks Barclays Bear Stearns California California AG Kamala Harris CFPB China Citigroup class action Countrywide Credit Suisse debt collectors Derivatives Deutsche Bank DOCx Dodd-Frank law DOJ eminent domain Eric Schneiderman Fannie Mae FDIC Federal Reserve FHA FHFA foreclosure foreclosure review Foreclosure settlement Freddie Mac Goldman Sachs HAMP homeowner homeowners HSBC HUD investors Ireland Jamie Dimon JP Morgan Chase Lehman Brothers LIBOR loan modification London Whale LPS MBS MERS MF Global money laundering Morgan Stanley Mortgage mortgage fraud Mortgage Lenders mortgage servicers National Mortgage Settlement New York Attorney General Ocwen Office of the Comptroller of the Currency Offshore accounts RBS ResCap RMBS robo-signing SEC Securitization shareholder Spain TBIF UBS US Bank Wall Street WAMU Wells Fargo
Poll of the Week