MERS Wins Florida Fee Cas


Posted on Jul 02, 2012

Lawsuit filed by Duval County Clerk of Court in fall 2011 claimed that the Mortgage Electronic Registration System avoided public recording laws and deprived the county of recording fees. The MERS system also harmed the public because the true mortgagee of a property couldn’t easily be determined.

But last week, a federal judge dismissed the case because there is no Florida law requiring mortgage assignments be recorded.

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