Legal Opinion
Mortgage Electronic Registration Systems, Inc. v. Nebraska Department of Banking & Finance
Nebraska Supreme Court
Decided October 21, 2005No. S-04-786PublishedCited by 30 opinions
1Opinion of the CourtGerrard, J.
NATURE OF CASE
Mortgage Electronic Registration Systems, Inc. (MERS), appealed an order of the Department of Banking and Finance (the Department), declaring that MERS is a “mortgage banker” under Neb. Rev. Stat. § 45-702 (Reissue 2004) and therefore subject to the license and registration requirements of the Mortgage Bankers Registration and Licensing Act (the Act), Neb. Rev. Stat. § 45-701 et seq. (Reissue 2004). The district court affirmed the order, and MERS appealed. For the reasons that follow, we conclude that MERS is not a mortgage banker as defined by the Act and, therefore, reverse…
2Cases cited1 opinion
- Troshynski v. Nebraska State Board of Public AccountancyNebraska Supreme Court · 2005
3Cited by30 opinions
- Gomes v. Countrywide Home Loans, Inc.California Court of Appeal · 2011
- Fontenot v. Wells Fargo Bank, N.A.California Court of Appeal · 2011
- Lorrie Thompson v. Bank of America, N.A.Court of Appeals for the Sixth Circuit · 2014
- Bank of New York v. RaftogianisNew Jersey Superior Court Appellate Division · 2010
- Mortgage Electronic Registration Systems, Inc. v. SaundersSupreme Judicial Court of Maine · 2010
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