MERS, BofA Shake Texas Counties' Mortgage Records Suit

Law360, New York (March 5, 2014, 7:51 PM EST) -- A Texas federal court on Tuesday axed the remaining claim in three Texas counties' suit against Merscorp Holdings Inc. and Bank of America Corp. over allegations the companies defrauded the counties through their mortgage registration practices.

U.S. District Judge Reed O’Connor said in a 24-page opinion that Dallas, Harris and Brazoria counties are not entitled to declaratory relief under the federal Declaratory Judgment Act because the law does not create a substantive cause of action.

The judge had previously ruled that Section 192 of Texas law,...
To view the full article, register now.




Case Information

Case Title

Dallas County, Texas, et al v. MERSCORP, Inc. et al

Case Number



Texas Northern

Nature of Suit

Real Property: All Other Real Property


Reed C O'Connor

Date Filed

October 14, 2011

Law Firms


UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.