Law Offices of Kramer and Kaslow: Michigan Court of Appeals Invalidates MERS Foreclosures

Law Offices of Kramer and Kaslow: Michigan Court of Appeals Invalidates MERS Foreclosures Kramer Kaslow: MERS Foreclosures Halted by Michigan Court Calabasas, CA (PRWEB) June 09, 2011 The State of Michigan Court of Appeals ruled in an unpublished opinion on May 10, 2011 (No. 296668 Oakland Circuit Court LC No. 2009-104156-CH) that a company called Mortgage Electronic Registration Systems Inc. (MERS) did not have the right to initiate foreclosure by advertisement on two homes because it didn't actually own any interest in the debt. MERS is an electronic database service used by many len
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