“MERSCORP cannot hold liens owned or serviced by terminated members.” DreamBuilder Invs. v. Merscorp Holdings, Inc.

(See: SDNY – Feb. 18, 2022:DreamBuilder Invs. v. Merscorp Holdings, Inc). Here is an interesting case that was recently decided in the Southern District of New York on behalf of MERS who successfully argued, The membership rules and procedures also state that MERSCORP cannot hold liens owned or serviced by...