Texas, La. Counties Urge High Court To Hear MERS Fraud Row

By Kurt Orzeck (June 16, 2014, 6:17 PM EDT) -- Louisiana parishes and Texas counties have urged the U.S. Supreme Court to revive their Racketeer Influenced and Corrupt Organizations Act suits accusing banks of defrauding them, alleging in a filing made available Monday that they were injured by the banks' use of Mortgage Electronic Registration System Inc., a database of residential mortgage servicer information, to avoid paying local recording fees....

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