Serra v. Quantum Servicing, Corp.

TORRUELLA, Circuit Judge.

John P. Serra, II (“Serra”) asserts that his property was wrongfully sold at foreclosure by a party without any valid legal interest in his mortgage. He also extends claims in wrongful foreclosure and unfair business practices against an earlier mortgage holder that tried, unsuccessfully, to foreclose. All of these claims are predicated on a theory that Mortgage Electronic Registration Systems, . Inc. (“MERS”) lacked the authority to transfer Serra’s mortgage. This court, however, has expressly adopted a contrary view of MERS’s legality, and stare decisis is a hurdle…