Bergman & her team successfully challenges chain of title – Schoshinski v. Compass Bank
Posted On: June 21st 2013
Bergman and her team filed suit against Compass Bank to cancel an Assignment of Deed of Trust and seek declaratory relief as to whether Compass Bank actually acquired the mortgage loan as it claimed in the Assignment. The problem? The Assignment of Deed of Trust was signed by MERS on behalf of a company that had gone out of business months before. How could MERS have been acting as an agent for a defunct company?
Here is the ruling: