Fifth Circuit Rules MERS’ Mortgage Assignment Valid

Reston, Virginia – November 1, 2013 – (RealEstateRama) — MERSCORP Holdings, Inc. today reported that a three-judge panel of the United States Court of Appeals for the Fifth Circuit last month ruled in favor of MERSCORP Holdings, Inc. and its co-defendants, affirming a lower court’s decision dismissing the plaintiff’s claims of wrongful foreclosure. The Fifth Circuit is a federal court with appellate jurisdiction over the district courts of Louisiana, Mississippi and Texas


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