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Judge Dismisses Lawsuit Against Mortgage Industry Group MERS

Judge Dismisses Lawsuit Against Mortgage Industry Group MERS

The Courier-Journal

A federal judge in Paducah has dismissed a wide-ranging lawsuit filed by two Kentucky county clerks last year against MERS, the lending industry group that allows mortgages to be traded among investors in the secondary market.

In April, the clerks of Christian and Washington counties sued MERS — Mortgage Electronic Registration Systems, Inc. — and several banks that are involved in MERS, such as Wells Fargo, Bank of America and JPMorgan Chase.

Wyatt attorney Corky Coryell represented Merscorp, Inc., Mortage Electronic Registration Systems, Inc., Bank of America and Merrill Lynch Credit Corp. in the case.

Click here to the read Louisville's Courier-Journal article about the case.