Court Grants Equitable Subrogation to MERS 
By Deborah Elkins
Published: January 10, 2012
Tags: Creditor’s Rights, Judge Daniel R. Bouton, Madison County Circuit Court, Virginia Circuit Courts
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 [...]
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