Alabama Supreme Court Upholds Lower Court’s Recognition of MERS’ Authority to Assign Mortgages

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    By Alabama RealEstateRama -

    Reston, Virginia – May 16, 2013 – (RealEstateRama) — MERSCORP Holdings, Inc. today announced that a five-justice panel of the Alabama Supreme Court affirmed a lower court’s decision which in part validated MERS’ ability to assign mortgages as the nominee for the original lender and its successors and assigns.

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