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Debt Relief – Insolvency – Bankruptcy Information » Foreclosure Law » “MERS and Securitization in Foreclosure Litigation,” Dustin Zacks

“MERS and Securitization in Foreclosure Litigation,” Dustin Zacks


Link to Lawline CLE Seminar: www.lawline.com Course Description: Mortgage Electronic Registration Systems (MERS) and Mortgage Backed Securities (MBS) appear as foreclosing entities in lawsuits in basically every state. MERS is a privately held company created by the mortgage banking industry to streamline the mortgage process by using electronic commerce to eliminate paper. Since the 2010 foreclosure crisis, MERS has created a hotbed of litigation disputes in both judicial and nonjudicial foreclosure states, including whether it can even be used in a foreclosure proceeding. In this program, experienced Florida foreclosure attorney Dustin Zacks provides a helpful overview of MERS and MBSs, and also details some of the more cutting edge defenses that borrowers can assert in court. The course also explains how the Ibañez case in Massachusetts and the Horace case in Alabama demonstrate that plaintiffs can potentially be disqualified on the grounds of invalid documentation. This CLE program is perfect for foreclosure attorneys looking to get a leg up on the competition and keep up to date on this newly emerging field of law.

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