July 22, 2015
The Fifth Circuit has upheld a Texas federal court's dismissal of a suit filed by three counties alleging Merscorp Holdings Inc. and Bank of America Corp. squeezed them out of deed-recording fees, saying the companies' mortgage registration practices didn't defraud them since such recording is optional in Texas.
March 05, 2014
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.
November 04, 2013
A Texas federal judge on Monday axed claims Merscorp Holdings Inc. and Bank of America Corp. defrauded Texas counties in their mortgage registration practices, finding no conspiracy that their electronic registration system usurps the county clerk's role in tracking property ownership interests.
December 13, 2012
A Texas federal judge on Thursday granted a motion by Merscorp Inc., Bank of America NA, Stewart Title Co. and others to strike classwide allegations in a suit by three Texas counties claiming the companies submitted fraudulent mortgage records to avoid county filing fees.
October 01, 2012
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.
March 12, 2012
Merscorp Inc., Bank of America NA and others asked a federal judge Friday to dismiss a putative class action alleging they filed false documents in Texas counties' land records and failed to pay required fees, arguing that the Texas legislature had explicitly approved their methods.