“In an opinion that will likely preserve the validity of hundreds, if not thousands, of mortgage foreclosures across the state, the Michigan Supreme Court recently confirmed the ability of Mortgage Electronic Registration System (MERS) to perform non-judicial foreclosures by advertisement (as opposed to a court-supervised foreclosure). In doing so, the Court reversed the contrary holding of the Michigan Court of Appeals.”
Advertisement
It won’t stand because there are federal courts that say mers doesn’t stand. There are states attorney general attacking mers.
More than likely, it’ll end up in the u.s. supreme court due to the extent of the controversy.
…And Michigan lawmakers mighit fix the law allowing mers to do business in michigan.