MERS Suit Seeks Class Status
Plaintiffs suing Merscorp Inc., which runs an electronic mortgage registry system, moved for class certification Thursday in a suit alleging Merscorp overcharged mortgage borrowers during foreclosure and loan modification proceedings.
The complaint seeks to represent hundreds of thousands of mortgage borrowers across the U.S. who were subject to enforcement actions on mortgage notes held in Merscorp.’s Mortgage Electronic Registry System, according to the motion, filed in Delaware federal court.
Copy of the 2007 complaint below…
[scribd id=78162556 key=key-2e3gzczaaon0fzyz7m1e mode=list]