Mortgage Servicers Lose Bid To Pare Texas Records Fee Suit

Law360, Houston (October 1, 2012, 6:40 PM EDT) -- A Texas federal judge on Friday denied a bid by Merscorp Inc. and Bank of America NA to pare down a putative class action, finding claims that the companies broke the law by filing fraudulent mortgage records to avoid county filing fees were specific enough to survive dismissal.

In a two-page order, U.S. District Judge Reed C. O’Connor ruled that a request by three Texas counties for a judicial declaration that the companies violated unspecified state law by allegedly filing bogus mortgage assignments — cutting the...
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