Blayne V. Scofield | Bloomberg LawResidential Funding Co, L.L.C. v. Saurman, No. 143178-9, 2011 BL 295470 (Mich. Nov. 16, 2011) On November 16, 2011 the Michigan Supreme Court, in a 4-3 decision, reversed a Court of Appeals decision and ruled that the Mortgage Electronic Registration System (MERS) is authorized to conduct nonjudicial foreclosures under Michigan's foreclosure by advertisement statute.
Appellate Court: MERS Lacked Sufficient Interest to Foreclose
Supreme Court: MERS May Foreclose by Advertisement
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