U.S. District Court in Texas blocks MERS lawsuit

 

Individual homeowners do not having standing to sue Mortgage Electronic Registration Systems over county recording fees, according to a decision from the U.S. District Court for the Western District of Texas.

The decision was passed down in the Huml v. MERS case—another piece of litigation that will define how seriously individual courts take claims that MERS robbed local jurisdictions out of revenue by recording mortgage assignments electronically without paying county recording fees.

The court threw out multiple claims made by Bea Huml and other homeowners in a lawsuit against MERS, Bank of America Home Loans Servicing ($9.20 0.08%), and The Bank of New York Mellon.

Read on.

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