Thursday, October 27, 2011

Delaware's MERS complaint

Courtesy of Adam Levitin. The complaint asserts deceptive trade practices by MERS under state consumer protection law. This is one for both property lawyers and consumer protection lawyers to watch.

ETA: Discussing the case at the dinner table, my children found this rhyme particularly applicable:
Homeowner: Who's record owner of the mortgage in Delaware? MERS is record owner of the mortgage in Delaware.
MERS: Not me!
Homeowner: Yes you!
MERS: Couldn't be!
Homeowner: Then who?

Good question.

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