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Mortgage Lawsuits News | Mortgage Litigation Index
Mortgage industry lawsuit news and mortgage litigation coverage. Stories about legal settlements, judgments and mortgage class actions.

MERS Sued by Kentucky Counties Again

Latest action follow February dismissal

April 28, 2012

By BILL ESTEP The Lexington Herald-Leader - McClatchy-Tribune Information Services

A mortgage-recording service and financial institutions have schemed to avoid paying Kentucky counties millions of dollars in fees, 14 counties contend in a federal lawsuit.

This wire news service story is no longer available.

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Mortgage Fees Litigated, Legislated & Regulated
Several lawsuits in various states have been filed by counties that seek to recover lost fees on documents that were never recorded, and some have been certified as class actions. One state and a federal regulator have banned private transfer fees. Borrowers, meanwhile, have been suing lenders over allegedly charging illegal fees.

Boyd County et al v. MERSCORP, Inc. et al.
Case No. 0:12-cv-00033-HRW, April 19, 2012 (U.S. District Court for the Eastern District of Kentucky).

Christian County Clerk, by and through its County Clerk, Michael Kem; vs. Mortgage Electronic Registration Systems Inc.; et al.
Case No. 5:11-cv-00072-JHM, April 25, 2011 (U.S. District Court for the Western District of Kentucky).

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