Major Oregon Supreme Court ruling undermines MERS, but leaves registry room to challenge

Federal Judge Rules: MERS Mortgage Transfers are Illegal. MERS and the banks screwed up big time, and there is no "do over" – there is no valid lien on the property, so owners have got their homes free and clear. There have been numerous court rulings against MERS – including decisions made by state supreme courts.

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Goldman Sachs legal costs could lift amid mortgage investigations Strategic defaulters opt to continue paying on second liens An idea for how to deal with second liens – blogs.reuters.com – An idea for how to deal with second liens. By Felix Salmon.. the banks are quite happy when homeowners default on their mortgage – that frees up cashflow to continue paying the second-lien loan.

Will the Oregon. The Niday decision is currently the highest state ruling on these matters. Unless and until the Oregon Supreme Court holds differently, Oregon Circuit Courts must follow the rules announced in Niday. Federal courts are not required to follow Niday,

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Major Appeals Court Decision Leaves Oregon’s Residential Real Estate Market in Limbo By Thomas Hillier on August 24th, 2012 Posted in Real Estate In a ruling the Oregon Supreme Court will soon review, the Oregon Court of Appeals on July 18 issued a major decision.

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To the extreme, the tennessee supreme court, in the Ditto decision, gutted the MERS business model like a chicken: MERS v DITTO_TN Supreme Court rules against MERS! You can bet that MERS’s PR machine will glorify itself with another "win" over this, just another way to promote its business model to its members, that such a model can even sustain a denial of a Writ to the Supreme Court!