June 20, 2013:
Today R & L Associates Law added Seterus and Fidelity Title Group to the private attorney general, extraterritorial, lawsuit that also names MERSCORP Holdings, Inc., Mortgage Electronic registration Systems, Inc. (MERS), Fannie Mae, Lender and Processing Services. [D.C. Superior Court case No. 003715 B]. The lawsuit covers every MERS fraudulent title conveyance document recorded nationwide between 2000 and July 2011. Each victim is entitled to statutory damages in the amount of $10,500, and their are millions of victims, which equates to hundreds of billions of dollars.
“There will be more lawsuits filed against banks, mortgage companies, mortgage service companies, banking regulators, government officials, and foreclosure law firms,” stated Lovern.