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Home / Opinion Digests / Court Grants Equitable Subrogation to MERS (access required)

Court Grants Equitable Subrogation to MERS (access required)

Although plaintiff Mortgage Electronic Registrations Systems was negligent in not examining the land records on chain of title and failed to have a couple execute the MERS deed of trust to subordinate their life estate to the lien, the Madison County Circuit Court weighs the equities and decides to subordinate the MERS deed of trust ...