Hall v. Mortgage Electronic Registration Systems, Inc.

*302Opinion of the Court by

Justice SCOTT.

This case requires us to determine whether Appellee, Mortgage Electronic Registration Systems, Inc. (MERS) had “good cause” for failing to timely release a satisfied real estate lien it held on Gary and Sharon Hall’s property. After a bench trial, the Laurel Circuit Court concluded that the Halls were not entitled to statutory damages because, although MERS filed a release referencing the wrong mortgage, the Halls provided insufficient notice to MERS of the release’s actual deficiency; thus, MERS had “good cause” not to file a new release once it checked…