Legal Opinion
Bain v. Metropolitan Mortgage Group, Inc.
Washington Supreme Court
Decided August 16, 2012No. Nos. 86206-1; 86207-9PublishedCited by 133 opinions
1Opinion of the CourtChambers, J.
¶1 In the 1990s, the Mortgage Electronic Registration System Inc. (MERS) was established by several large players in the mortgage industry. MERS and its allied corporations maintain a private electronic registration system for tracking ownership of mortgage-related debt. This system allows its users to avoid the cost and inconvenience of the traditional public recording system and has facilitated a robust secondary market in mortgage backed debt and securities. Its customers include lenders, debt servicers, and financial institutes that trade in mortgage debt and mortgage backed securities,…
2Cases cited56 opinions
- Department of Ecology v. Campbell & Gwinn, L.L.C.Washington Supreme Court · 2002
- State, Dept. of Ecology v. Campbell & GwinnWashington Supreme Court · 2002
- Hangman Ridge Training Stables, Inc. v. Safeco Title InsuranceWashington Supreme Court · 1986
- Cervantes v. Countrywide Home Loans, Inc.Court of Appeals for the Ninth Circuit · 2011
- Panag v. Farmers Ins. Co. of WashingtonWashington Supreme Court · 2009
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3Cited by133 opinions
- Klem v. Washington Mutual BankWashington Supreme Court · 2013
- Bank of America, N.A. v. GibsonSuperior Court of Pennsylvania · 2014
- Trujillo v. Northwest Trustee Services, Inc.Washington Supreme Court · 2015
- Lyons v. U.S. Bank National Ass'nWashington Supreme Court · 2014
- Johnson v. Federal Home Loan Mortgage Corp.Court of Appeals for the Ninth Circuit · 2015
128 more not listed; retrieve them via the Exa API.