The servicers involved in last year's settlement have provided assistance in the amount of $45.83 billion to 550,000 homeowners, according to the Office of Mortgage Settlement Oversight.
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MERS Wins Dismissal of Missouri Recording Fee Suit
A U.S. district judge in Missouri has dismissed a recording fee suit filed by officials in Jackson County against Mortgage Electronic Registration Systems, Inc. (MERS), on the grounds that the county "cannot enforce a nonexistent obligation." Missouri is the fifth state in which judges have granted MERS' motions to dismiss similar recording fee lawsuits.
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