{"id":385,"date":"2011-06-24T12:11:47","date_gmt":"2011-06-24T16:11:47","guid":{"rendered":"http:\/\/blogs.law.harvard.edu\/jsinger\/?p=385"},"modified":"2011-06-24T12:11:47","modified_gmt":"2011-06-24T16:11:47","slug":"ny-court-holds-that-mers-cannot-bring-foreclosure-actions","status":"publish","type":"post","link":"https:\/\/archive.blogs.harvard.edu\/jsinger\/2011\/06\/24\/ny-court-holds-that-mers-cannot-bring-foreclosure-actions\/","title":{"rendered":"NY court holds that MERS cannot bring foreclosure actions"},"content":{"rendered":"<p>An appellate court in New York has held that MERS (Mortgage Electronic Registration Systems) cannot file foreclosure lawsuits in its own name because it does not &#8220;own&#8221; the mortgage, having neither the right to payment under the note nor the right to foreclose. <a href=\"http:\/\/www.courts.state.ny.us\/reporter\/3dseries\/2011\/2011_05002.htm\" target=\"_blank\">Bank of N.Y. v. Silverberg,<\/a> 2011 WL 2279723 (N.Y. App. Div. 2011). Despite the fact that the parties put MERS&#8217;s name on the mortgage, it is not the real party in interest, having no right to payment under the note<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An appellate court in New York has held that MERS (Mortgage Electronic Registration Systems) cannot file foreclosure lawsuits in its own name because it does not &#8220;own&#8221; the mortgage, having neither the right to payment under the note nor the right to foreclose. Bank of N.Y. v. Silverberg, 2011 WL 2279723 (N.Y. App. Div. 2011). [&hellip;]<\/p>\n","protected":false},"author":2199,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1564,18736,18739],"tags":[],"class_list":["post-385","post","type-post","status-publish","format-standard","hentry","category-mortgages","category-real-estate-transactions","category-statute-of-frauds"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5SHi7-6d","_links":{"self":[{"href":"https:\/\/archive.blogs.harvard.edu\/jsinger\/wp-json\/wp\/v2\/posts\/385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.blogs.harvard.edu\/jsinger\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.blogs.harvard.edu\/jsinger\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/jsinger\/wp-json\/wp\/v2\/users\/2199"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/jsinger\/wp-json\/wp\/v2\/comments?post=385"}],"version-history":[{"count":2,"href":"https:\/\/archive.blogs.harvard.edu\/jsinger\/wp-json\/wp\/v2\/posts\/385\/revisions"}],"predecessor-version":[{"id":387,"href":"https:\/\/archive.blogs.harvard.edu\/jsinger\/wp-json\/wp\/v2\/posts\/385\/revisions\/387"}],"wp:attachment":[{"href":"https:\/\/archive.blogs.harvard.edu\/jsinger\/wp-json\/wp\/v2\/media?parent=385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/jsinger\/wp-json\/wp\/v2\/categories?post=385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/jsinger\/wp-json\/wp\/v2\/tags?post=385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}