Panel Won't Combine Dallas County MERS Case With MDL

Law360, New York (February 13, 2012, 6:45 PM EST) -- The U.S. Judicial Panel on Multidistrict Litigation on Wednesday refused to allow Merscorp Inc., which runs an electronic mortgage registration database, to combine a Dallas-based suit with an Arizona MDL brought by disgruntled homeowners.

The panel said the Dallas County suit, which alleges that the system improperly fails to pay certain fees under Texas recording statutes, does not share enough common ground with those in the MDL, which take issue with the formation and operation of an electronic mortgage registration system known as MERS that tracks beneficial ownership...
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